Blank Exam 1 - Econ 317 Exam 1 1. In your own words,...

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Econ 317 Exam 1 1. In your own words, describe what is meant by the term “financial intermediation.” 2. Describe the key difference between debt and equity securities.
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3. In class, we said that the Federal government regulates, facilitates, and (directly) participates in financial intermediation. The direct participation is, for the most part, government borrowing. Explain how this government borrowing relates to a) the federal deficit, and, b) the national debt. 4. The following is a list of the most widely used government bonds. Describe the key features of each (i.e., do they pay interest, are they short-term securities, etc.). Treasury Bills Treasury Notes Treasury Bonds TIPS
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In class, we discussed several “official” monetary aggregates published by the Federal Reserve – the Base, M1, M2, and M3. a. Describe the difference between the monetary base and the M1 category. b.
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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.

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Blank Exam 1 - Econ 317 Exam 1 1. In your own words,...

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