Question 23 1 out of 1 points The US government borrows by auctioning its bonds

Question 23 1 out of 1 points the us government

This preview shows page 9 - 12 out of 12 pages.

Question 23 1 out of 1 points The U.S. government borrows by auctioning its bonds in the Answer Selected Answer: primary market. Correct Answer: primary market. Question 24 1 out of 1 points All the securities, intermediaries, and markets that exist to match savers and borrowers are called Answer Selected Answer: the financial system. Correct Answer:
Image of page 9
the financial system. Question 25 1 out of 1 points In the event that a firm goes bankrupt and is liquidated, who is paid off first, second, and third between workers, debt holders, and stockholders? Answer Selected Answer: (1) workers; (2) debt holders; (3) stockholders Correct Answer: (1) workers; (2) debt holders; (3) stockholders Question 26 1 out of 1 points Owning a variety of securities means engaging in Answer Selected Answer: diversification. Correct Answer: diversification. Question 27 1 out of 1 points A financial market is Answer Selected Answer:
Image of page 10
a place or a mechanism by which borrowers, savers, and financial intermediaries trade. Correct Answer: a place or a mechanism by which borrowers, savers, and financial intermediaries trade. Question 28 1 out of 1 points In the 1980s, the United States suffered one of its worst financial crises when ____ began to fail in large numbers. Answer Selected Answer: savings-and-loan institutions Correct Answer: savings-and-loan institutions Question 29 1 out of 1 points Indirect finance occurs when Answer Selected Answer: savers invest through financial intermediaries. Correct Answer: savers invest through financial intermediaries. Question 30 1 out of 1 points
Image of page 11
Investors who wish to reduce their risk should Answer Selected Answer: diversify. Correct Answer: diversify. Tuesday, April 28, 2015 8:37:12 PM EDT
Image of page 12

You've reached the end of your free preview.

Want to read all 12 pages?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes