Question
Don't need explanation. Simply choose correct answers 4.Which of the following assets would be considered to be the least liquid? a)cash b)checking account balance c)corporate
Don't need explanation. Simply choose correct answers
4.Which of the following assets would be considered to be the least liquid?
a)cash
b)checking account balance
c)corporate bond
d)shares of stock in a publicly traded corporation.
e)a house
5.When you take out a loan from a bank, it is:
a)an asset to you and a liability to the bank.
b)an asset to you and an asset to the bank.
c)a liability to you and a liability to the bank.
d)a liability to you and an asset to the bank.
e)a liability to you and an asset to the government.
13.What is the present value of $100 received one year from now, if the interest rate is 5%?
a)$95.24
b)$105
c)$90.91
d)$100.50
e)$66.67
29.The federal funds rate is the interest rate at which:
a)banks borrow funds directly from the Federal Reserve.
b)banks borrow excess reserves from other banks.
c)influential companies borrow from banks.
d)households' savings are invested in the Federal Reserve.
e)the government borrows funds from the Federal Reserve.
30.When the Federal Reserve is conducting an open market operation, it is
a)raising or lowering personal income taxes.
b)raising or lowering the discount rate.
c)buying or selling corporate stock.
d)buying or selling Treasury securities.
e)raising or lowering the reserve requirement.
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