10) An example of a derivative where two parties each assume their re an agreed upon date is known as a(n): spective debt burdens until a) Swap b) Future c) Forward d) Option 11) What would best be considered the ultimate consequences of a liquidity trap as described in Keynesian theo a) Bonds would be hoarded instead of money leading to ever higher interest rates. b) There would be a massive shortage of money and tremendous demand for bonds, regardless of how high interest rates are. c) There would be universal refusal of money leading to a reversion back to the barter system. d) Money would be hoarded instead of bonds regardless of how low interest rates are. 12) When a S750 check written through First National Bank is deposited into an account at Big City Bank, as a result: a) the liabilities of First National Bank decrease by $750. b) the reserves held by First National Bank increase by $750. c) the liabilities of Big City Bank decrease by $750. d) the assets of Big City Bank decrease by $750. ich of the following investments is not considered financial derivative? a) Swaps. b) Stocks. c) Futures. d) Options. 14) Which of the following is a primary characteristic of venture capital firms? a) Holding debt in firms that get funded. b) Developing an equity portfolio of start-up companies c) Having a short term investment horizon