quiz1 wk 2 - uestion 1 1 out of 1 points Economic policy affects Answer Selected Answer Correct Answer the entire financial system the entire financial

quiz1 wk 2 - uestion 1 1 out of 1 points Economic policy...

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uestion 1 1 out of 1 points Economic policy affects Answer Selected Answer: the entire financial system. Correct Answer: the entire financial system. Question 2 1 out of 1 points Buying stocks gives an investor Answer Selected Answer: ownership in corporations. Correct Answer: ownership in corporations. Question 3 1 out of 1 points Interest rates on long-term loans are generally ____ than interest rates on short-term loans in part because ____ loans are riskier. Answer Selected Answer: higher; long- term Correct Answer: higher; long- term Question 4 1 out of 1 points Earning interest on past interest is Answer Selected Answer: compoundi ng. Correct Answer: compoundi ng.
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Question 5 1 out of 1 points The policymaking institution that determines the money supply, sets the rules for how checks are cleared and how banks obtain new currency, and determines what activities banks may or may not engage in and whether banks are operating in a prudent fashion is the Answer Selected Answer: Federal Reserve System. Correct Answer: Federal Reserve System. Question 6 1 out of 1 points Economists who try to predict recessions find that recessions are Answer Selected Answer: difficult to predict. Correct Answer: difficult to predict. Question 7 1 out of 1 points Americans should not worry about all the dollars held by foreigners because Answer Selected Answer: taxes are lower as a result.
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