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4. Which of the following is not considered an example of a financial intermediary? (Points : 2) commercial banks the Federal Reserve mutual funds insurance

4.
Which of the following is not considered an example of a financial intermediary? (Points : 2)
commercial banks the Federal Reserve mutual funds insurance companies saving and loan associations

Question 5.5. When the least desirable credit risks are the ones most likely to seek loans, lenders are subject to the: (Points : 2)
moral hazard problem adverse selection problem prisoner's dilemma perverse incentives problem

Question 6.6. The most important asset underlying the financial system is: (Points : 2)
money stocks bonds income home mortgages

Question 7.7. That very sensitive short-term interest rate that applies to overnight borrowing of excess reserves between banks-and that is closely watched as a barometer of money market conditions is: (Points : 2)
the discount rate the commercial paper rate the federal funds rate the prime rate

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