1. The main issue why direct finance does not become as popular as indirect finance is "trust"

   True

   False

2. When we buy real estate as an investment the rent we collect on this property is considered to be the capital gains portion on this investment.

   True

   False

3. The returns from an investment can have a capital loss and a positive income at the same time.

   True

   False

4. Interest rates are always expressed as a percentage and per year.

   True

   False

5. When I list my used guitar for sale on ebay for $600 I am using money's function as a "unit of account"

   True

   False

6. A secuities broker sells financial securities in its possession while a dealer sells other investors' securities.

   True

   False

7. During a recession the FED usually lowers the Fed Funds Target Rate.

   True

   False

8. Investment banks help companies do an IPO.

   True

   False

9. The FED currently follows expansionary monetary policy .

   True

   False

10. Which government agency regulates stock exchanges and traders

    		The FDIC
    		The Congress
    		The President
    		The SEC

11. You need to be an accredited investor to be able to invest in a mutual fund.

    True

    False