Question
9.Commercial papers need to be registered with the Securities and Exchange Commission (SEC) True/ False 10. Generally, NCD can be cashed in before maturity. True/
9.Commercial papers need to be registered with the Securities and Exchange Commission (SEC)
True/ False
10. Generally, NCD can be cashed in before maturity.
True/ False
11. NCD cannot be sold in the secondary market.
True/ False
12. US dollars deposited in a bank in Japan is not a eurocurrency.
True/ False
13. The liquidity function of the financial system is designed to protect businesses, consumers and governments against risks to people, property and income.
True/ False
14. The function of the financial system that consists of providing a channel through which the government can promote the goals of low unemployment rate and price stability is called the
- None of above
- Liquidity function
- Credit function
- Savings function
- Wealth function
16. Commercial banks are the most important institutional suppliers in the money market.
True/ False
17. The money market is a retail market for funds.
True/ False
18. T-bills is sold by auctions on a weekly or monthly basis.
True/ False
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