Question
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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