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Only a qualified electrician may work on or near exposed energized electrical systems.

A forklift operator approaches a blind intersection. OSHA requires:

Forklift operators only need retraining after an OSHA inspection.

An operator fails the forklift evaluation. What must the employer do?

Extension cords may be used as permanent wiring as long as they are heavy-duty rated.

OSHA requires daily pre-operation inspections for forklifts used on each shift.

Consider the simple FI balance sheet below (in millions of dollars): Assets                                                                                Liabilities/Equity                     Cash assets                  $100                                              Deposit                   $200 Nonliquid assets          $350                                              Equity                     $250                                                 $450                                                                              $450 Suppose that depositors unexpectedly withdraw $150 million in deposits and the FI receives no new deposits to replace them. Assume that the FI cannot borrow any more funds in the short-term money markets, and because it cannot wait to get better prices for its assets in the future (as it needs the cash now to meet immediate depositor withdrawals), the FI has to sell any nonliquid assets at 80 cents on the dollar. Show the FI’s balance sheet after adjustments are made for the $150 million of deposit withdrawals. (10 points) Note: If you are not sure about your solutions, show intermediate steps to earn partial credits.

Employee plus employer contributions to a 401(k) are $15,000 per year. Equity funds are earning 15 percent, bond funds 8 percent, and money market funds 6 percent. The employee wants to retire as soon as possible with $1 million in retirement assets. If he puts 50 percent of his money in stocks, 30 percent in bonds, and 20 percent in money funds, how long until he can expect to retire?

A bank has invested in U.S. Treasury investments that mature in two years. They will be held until maturity. The investments are funded with three-year maturity time deposits. The primary risk this bank faces is ______.

Social Security is a _________.