1. The primary goal of a corporation is to: a. Maximize this year's net income. b. Maximize expected earnings per share. c. Minimize the chance of incurring a loss. d. Maximize shareholder wealth. 2. Given the multi-owner nature of large corporations, the costs of managerial executives taking a variety of extra benefits is never really a problem. a. True b. False 3. The Federal Reserve can easily manipulate market rates of interest without causing any other problems in the economy. a. True b. False 4. Money markets are markets for: a. Foreign currency exchanges. b. Consumer automobile loans. c. Corporate stock trading. d. Long-term bond trading. e. Short-term debt securities trading. 5. The New York Stock Exchange is: a. A secondary market. b. An organized auction market. c. An over-the-counter market. d. Both a and b. e. Both b and c. 6. The ultimate good being traded in financial markets is intertemporal consumption. a. True b. False