QUESTION 11

1. ______ are the government authorities in charge of monetary policy.

   		Legislative branches
   		Executive branches
   		Central banks
   		Taxing Entities

2 points

QUESTION 12

1. On the Fed's Balance Sheet, ______ would be a liability.

   		government securities
   		stock issued by the Fed
   		currency in circulation
   		bonds issued by the president

2 points

QUESTION 13

1. On the Fed's Balance Sheet, _______ would be an asset.

   		government securities
   		stock issued by the Fed
   		currency in circulation
   		bonds issued by the president

2 points

QUESTION 14

1. Advantages of Fed Open Market Operations include _______.

   		quick implementation
   		it's not reversible
   		not flexible

2 points

QUESTION 15

1. The most important source of external funds used to finance business is ______.

   		stock
   		bank loans
   		marketable debt

2 points

QUESTION 16

1. On the Balance Sheet, ______ are the sources of funds.

   		Net Income
   		Assets
   		Interest
   		Liabilities