1.Social Security taxes come from

a.American households,based upon their income after deductions.

b.employees and employers,based upon wage income.

c.employees alone,based on their wage income.

d.fixed contributions by employers.

e.American households,based on their wealth.

2.The precise measure of a bond's annual interest rate and rate of return if the investor holds the bond to maturity is the bond's

a.yield to maturity.

b.current yield.

c.coupon rate.

d.dividend yield.

e.rate of return.

3.An income type of mutual fund typically consists of a basket of stocks with relatively

a.large dividends and large price volatility.

b.large dividends and small price volatility.

c.small dividends and large price volatility.

d.small dividends and small price volatility.

e.characteristics similar to gold.

4.Junk bonds have

a.realtively higher bond ratings and pay relativelyhigher interest rates.

b.realtivelyhigher bondratings and payrelativelylower interest rates.

c.realtivelylower bondratings and payrelativelyhigher interest rates.

d.realtivelylower bondratings and payrelativelylower interest rates.

e.mediocre ratings and pay interest rates close to the market average.