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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

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?

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