1. The rate the Fed charges member banks for short-term loans is called theA. margin rate.B. federal funds rate.C. discount rate.D. reserve requirement.2. _______ planning involves choosing specific work targets and assigning employees and teams to carry out plans.A. ContingencyB. OperationalC. StrategicD. Tactical3. The Social Club is conducting a breakeven analysis to determine how many tickets it must sell at $15 each to break even on the Holiday Dance. Fixed costs are $2000 and the variable cost per person is $10. To break even the Social Club must sell ________ tickets.A. 500B. 400C. 800D. 804. The country Artesia exported products totaling $86 billion last year. During the year Artesia imported products valued at $43 billion. Artesia has a/anA. trade deficit of $43 billion.B. unfavorable balance of payments.C. trade surplus of $43 billion.D. exchange rate of 2 to 1.