QUESTION 5

What are externalities?

		Cost or benefits of an economic activity that is included in the full price
		Cost or benefits of an economic activity that sometimes its included in the full price
		Cost or benefits of an economic activity that are not included in the full price
		Benefits of an economic activity that sometimes its included in the full price

QUESTION 9

Why do we do not want an undercapitalized banking system?

		Banks needs enough capital to minimize risk over time
		Banks does not need so much capital to minimize risk over time
		Banks needs to hold extra reserves just in case
		Banks must get approval from all of its branches in order to increase capital

QUESTION 10

What does clearing houses do?

		"Help banks to clear sums due to each other arising from checks, notes, loans, and other banking Activities "
		"Help corporations to clear sums due to each other arising from checks, notes, loans, and other banking activities"
		"Help non-for profit to clear sums due to each other arising from checks, notes, loans, and other banking activities"
		"Help micro lenders to clear sums due to each other arising from checks, notes, loans, and other banking activitiesi"

QUESTION 12

What is the 3-6-3 rule?

		"Bankers lending funds at 3%, playing golf by 6pm and lending at 3%"
		"Bankers taking deposits at 3%, lending them at 6% and playing golf at 3pm (A)"
		"Bankers taking deposits at 3%, lending them at 3% and playing golf at 6pm"
		"Bankers taking deposits at 6%, lending them at 3% and playing golf at 3pm"