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QUESTION 8 Which of the following is false? a. In the U.S. the medium of exchange is the dollar, the unit of account is called
QUESTION 8 Which of the following is false? a. In the U.S. the medium of exchange is the dollar, the unit of account is called the dollar and the dollar is also a store of value b. People invest in U.S. government bonds because they are relatively safe O c Treasury bills are short term liabilities of the Treasury and Treasury bonds are long term liabilities of the Treasury d. Financial markets and financial securities are synonyms QUESTIONS The "financial system" in the U.S. includes: O a. Financial Intermediaries b. All of these OC. Government regulators O d. Surplus units and deficit units QUESTION 10 Which of the following is True? O a. The Dow Jones Industrial average holds the stock of 500 large corporations that are mostly tech companies. b. New stock issues and IPO's occur in the secondary market. OC. New bond issues occur in the money market. d. The main goal of the corporation is to increase the value of the stock and the value of the company. QUESTION 11 The word "financing" refers to: O a. Answers b, c, and d. b. How banks create the money supply O c. The way people and businesses get the money to buy things and produce things d. The time value of money Oe. The way the stock market operates QUESTION 12 List the 6 principles of finance that you learned in the introduction to this course TT T Arial 3 (12pt) T-SE Path:p Words:0
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