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Investors who have to depend current income from their investments to supplement
their living expenses should invest in ____ stocks.
a.income and blue-chip
b.income and well-known growth
c.blue-chip and lesser-known growth
d.well-known growth and speculative
If the Fed wishes to stimulate the economy, it could
I. buy U.S. government securities.
II. raise the discount rate.
III. lower reserve requirements.
A.I and III only
B.II and III only
C.I and II only
D.II only
E.I, II, and III
With respect to private placements of bonds, which of the following is correct?
I. Issuers of privately placed bonds tend to be less well known than public bond issues.
II. Interest rates on privately placed debt tend to be higher than for similar public issues.
III. Purchasers of privately placed debt have assets of at least $100 million.
IV. Once bonds have been privately placed, the original buyers must hold the bonds
until maturity.
A.I only
B.I and III only
C.I, II, and III only
D.I, III, and IV only
E.I, II, III, and IV
Which of the following is not an example of an open-ended credit account?
a.Retail credit card accounts
b.Bank credit cards
c.aSingle-payment loans
d.Travel and entertainment cards
