Question
1.) Because ________ are less liquid for the depositor than ________, they earn higher interest rates. A. money market deposit accounts; time deposits B. savings
1.) Because ________ are less liquid for the depositor than ________, they earn higher interest rates.
A. money market deposit accounts; time deposits
B. savings accounts; checkable deposits
C. checkable deposits; savings accounts
D. savings accounts; time deposits
2.) Parties who have bought a futures contract and thereby agreed to ________ (take delivery of) the bonds are said to have taken a ________ position.
A. buy; long
B. sell; short
C. sell; long
D. buy; short
3.) When a corporation wishes to sell new securities, it usually employs
A. a commercial bank.
B. a finance company.
C. an investment bank.
D. a takeover specialist.
4.) ________ assume the risk of issuing a new stock in the hope of earning profits on its sale.
A. Stock brokers
B. Securities dealers
C. Reinsurers
D. Underwriters
E. Stock speculators
5.) The recession caused by the global financial crisis was severe, but much smaller in magnitude than the Great Depression. because
A. modern technological inventions makes sustaining a crisis difficult.
B. the Federal Reserve stayed out of the way during the most recent crisis.
C. the larger world population.
D. of massive intervention by governments to prop up financial markets.
Help me please! Thank you!
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