1. Securities that are first sold are said to be sold in the primary or secondary market?

2. Other than the four sectors in a closed society, what is the fifth sector for an open society?

3. A typical security in the money market is

a. corporate stock b. corporate bond c. corporate commercial paper d. corporate mortgage

4. Explain who loses when the dollar strengthens: ___________________________________

5. Provide a general historic description of the predominant source and use of funds for thrifts.

6. Provide a general historic description of the predominant source and use of funds for pension plans.

7. Explain why/how contributions to mutual funds are often considered riskier than contributions to pension funds.

8. How do the customers of a finance company differ from the customers of banks generally?