ch16 - Financial Markets and Institutions, 6e...

Info iconThis preview shows pages 1–62. Sign up to view the full content.

View Full Document Right Arrow Icon
Financial Markets and Institutions, 6e (Mishkin/Eakins)  Chapter 16    1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
What  Should Be  Done About  Conflicts of  Interest? A  Central  Issue in  Business  E t h i c s 16.1 
Background image of page 2
Multi ple  Choi ce
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
1) 
Background image of page 4
Economie s of scope refer to cost savings that arise when the  A) 
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
size of financial  transactions increase.  B) 
Background image of page 6
size of financial  transactions decrease.  C) 
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
number of  different activities undertaken increases.  D) 
Background image of page 8
number of  different activities undertaken decreases.  Answer:  
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Question Status: 
Background image of page 10
Previous Edition 2) 
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
financial  institution can achieve cost savings by engaging in multiple activities. These are called economies of  A) 
Background image of page 12
scope.  B) 
Background image of page 13

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
scale.  C) 
Background image of page 14
complexity.  D) 
Background image of page 15

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
information.  Answer:  
Background image of page 16
Question Status: 
Background image of page 17

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Previous Edition 3) 
Background image of page 18
financial  institution can achieve cost savings in its credit card operations if it increases the number of cardholders.  This is an example of economies of  A) 
Background image of page 19

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
scope.  B) 
Background image of page 20
scale.  C) 
Background image of page 21

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
complexity.  D) 
Background image of page 22
information.  Answer:  
Background image of page 23

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Question Status: 
Background image of page 24
Previous Edition 4) 
Background image of page 25

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Which  combination of activities within a single financial institution is least likely to lead to conflicts of interest?  A) 
Background image of page 26
auditing and  management advisory services  B) 
Background image of page 27

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
commercial  banking and investment banking  C) 
Background image of page 28
assessment of  credit quality and consulting  D) 
Background image of page 29

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
consumer  lending and business lending  Answer:  
Background image of page 30
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/17/2011 for the course ECON 317 taught by Professor Guidry during the Spring '11 term at Nicholls State.

Page1 / 327

ch16 - Financial Markets and Institutions, 6e...

This preview shows document pages 1 - 62. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online