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1. Which of the following are highly marketable? a. stocks b. bonds c. real estate d. a privately held business e. both Answer 1 and

1. Which of the following are highly marketable?
a. stocks
b. bonds
c. real estate
d. a privately held business
e. both Answer 1 and Answer 2
2. ___ is/are not a liquid asset.
a. A savings account
b. Bond mutual funds
c. An interest-paying checking account
d. A checking account
e. A money market mutual fund
3.Generally which of these is considered best?
a.Above the line deduction.
b. Below the line deduction.
c. Refundable credit.
d. Non-refundable credit.
e. tax penalties
4. Which statement(s) are true
a. higher expected inflation would cause people to delay purchases
b. the shortcut for the fisher equation is to subtract the inflation rate from the nominal interest rate
c. the fisher equation is a way to calculate peoples risk tolerance
d. Both answer 1 and 2
e. Both answer 1 and 3

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