QUESTION 1 Nancy Murray has $6,000 in demand deposits with the Teachers Credit Union. This means that she has $6,000 in O savings accounts checking accounts. O certificates of deposit. O IRA accounts Keogh accounts QUESTION 2 The Federal Reserve System was organized in 1893 1933 1913 1943 1981 Question Completion Status QUESTION 3 When reserve requirements are low, there is an increase in the overall money supply O less money to lend customers. O a reduction in the overall money supply O an economic slowdown None of these answers are correct was sl1.100 QUESTION 4 In 2010. Anna, who is building a portfolio for her retirement, invested $1,000 in Apple Stock In 2021, the value of Anna's investment in Apple stock What core principle of tinance does this statement relate to? Risk requires compensation Time Has Value Information is the Basis for Decnion Making Stability Improves Welfare QUESTION 5 Airbnb raised $3.7 billion in a stock offering, making it the biggest U.S. IPO of 2020. The company had initially set a price range of $44 to $50 for it shares, but raised that to a range of $56 to $60 earlier this week indicating rising investor demand. What area of finance does this situation relate to? Public Finance Personal Finance Risk Management Corporate Finance QUESTION 6 When the Fed increases the reserve requirement, banks have more money available for lending, True False QUESTION 7 In an Inflationary period, as prices go up, money gains value because it can buy more. O True O False QUESTION 8 One method the Federal Reserve System uses to slow the economy is to sell government bonds to banks and other businesses. decrease reserve requirements. decrease the discount rate. buy government securities. decrease salaries paid to the board of governors. QUESTION 9 When the Fed lowers the discount rate, money is as easy to obtain as before the action is easier to obtain is harder to obtain