1. M-1 includes coins, currency and
2. The power to create money is given by the Constitution to
3. The term structure of interest rates relates
Term and yields
4. The term structure of interest rates indicate
Define money and determine how the money supply is measured.
money is something everyone needs to live. There is paper money, coins, gold.
Develop a yield curve and contrast positive and negative yield curves
Differentiate the direct and indirect
EXPLAIN THE ROLE OF THE INVESTMENT BANKERS.
Middleman who brings together investors and firms (and governments) issuing new securities.
DESCRIBE THE COMPONENTS OF A PUBLIC SALE OF SECURITIES.
- Originating house
- Best efforts a
Distinguish between (a) organized exchanges and OTC markets, (b) brokers and securities dealers,
(c) market orders and limit orders
a) Organized exchange: A securities marketplace where purchasers and sellers regularly gather
to trade securities accord
Conceptual skills: the ability to see the organization as a whole, understand how the different parts affect
each other, and recognize how the company fits into or
List several aggregate measures of the stock market
Determine How American Depository Receipts (ADRs) Facilitate trading in foreign
Such receipts are created by large financial institutions such as commercial