Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
1)
Currently, over 80% of the new issues in the international bond
market are Eurobonds.
Answer:[membership level="2,3,4,5"]
TRUE[/membership]
2)
During the budget negotiations in Congress in 1995-1996, and then
again in 2011-2013, the Republicans threatened to let Treasury
bonds default, and this had an impact on the bond market.
Answer:[membership level="2,3,4,5"]
TRUE[/membership]
3)
Among the investors in mutual funds, only about 25% cite
preparing for retirement as one of their main reasons for holding
shares.
Answer:[membership level="2,3,4,5"]
FALSE[/membership]
4)
The natural rate of unemployment is not lowered by high
inflation, so higher inflation cannot produce lower unemployment
or more employment in the long run.
Answer:[membership level="2,3,4,5"]
TRUE[/membership]
5)
The real interest rate is actually the ex ante real interest rate
because it is adjusted for actual changes in the price level.
Answer:[membership level="2,3,4,5"]
FALSE[/membership]
6)
By the end of 2012, China had accumulated more than $3 trillion
of international reserves.
Answer:[membership level="2,3,4,5"]
TRUE[/membership]
7)
The ________ problem occurs when people who do not pay for
information take advantage of the information that other people
have paid for.
A) free-rider
B) moral hazard
C) adverse selection
D) lemons
Answer:[membership level="2,3,4,5"]
A[/membership]
8)
During the global financial crisis, state and local governments
now found their interest costs rising. Which of the following
were causes of this?
A) Lower tax revenues because of the weaker economy
B) Weaker value of monoline insurance guarantees on their debt
C) Both A and B
D) None of the above
Answer:[membership level="2,3,4,5"]
C[/membership]
9)
During the Depression, about ________ banks failed (about 40% of
all commercial banks).
A) 500
B) 1,000
C) 5,000
D) 10,000
Answer:[membership level="2,3,4,5"]
D[/membership]
10)
Which of the following is not a division of the S.E.C.?
A) The Division of Fraud Investigation
B) The Division of Corporate Finance
C) The Division of Market Regulation
D) The Division of Investment Management
E) The Division of Enforcement
Answer:[membership level="2,3,4,5"]
A[/membership]
11)
As expected inflation falls for the coming year, we expected the
