quiz 1 - Exam Name MULTIPLECHOICE. 1) A) B) C) D)

quiz 1 - Exam Name MULTIPLECHOICE. 1) A) B) C) D)

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ExamName___________________________________MULTIPLE CHOICE.  Choose the one alternative that best completes the statement or answers the question. 1) The financial system provides risk sharing by allowing 1) _____ A) savers to earn interest tax-free. B) borrowers to convert liabilities into assets. C) savers to hold many assets. D) borrowers to obtain funds either directly or indirectly.  2) Equity and debt instruments with maturities greater than one year are called ________ market instruments. 2) _____ A) money B) federal C) capital D) benchmark  3) According to the quantity theory of money, if the long-run economic growth rate is 2.5%, by how much should the Fed increase themoney supply if it wants inflation to be 2.5%? 3) _____ A) 4.5% B) 1.25% C) 5% D) 0.5%  4) Which of the following is NOT included in M1? 4) _____
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  • Spring '13
  • Chikhladze
  • percent coupon bond, coupon bond selling

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