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QUESTION 21 What does duration help us evaluate on a bond? O A The maturity date O B. The yield to maturity OC The interest

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QUESTION 21 What does duration help us evaluate on a bond? O A The maturity date O B. The yield to maturity OC The interest rate risk OD. The reinvestment risk QUESTION 22 What are the key things we need money to do? O A Enable finance and store value OB. Facilitate trade and store value OC Facilitate trade and prevent inflation OD Store value and prevent inflation QUESTION 23 We have a rather complex Federal Reserve System comprised of 5 pieces. Which of the following is NOT a reason why our central bank is a complex system? O A People were scared of the centralized power of one bank OB. The design was meant to diffuse power amang the different regions of the U.S. Opeople were scared of inflation and bank panics This design was meant to represent bankers, businesses and the public OD QUESTION 24 Which of the following is NOT one of the pieces of our Federal Reserve System? O FOMC O Board of Governors Twelve Federal Reserve Banks OD FOR

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