Chapter 4 The Federal Reserve System
The primary policy tool used by the Fed to meet its monetary policy goals is
A. changing the discount
B. changing reserve
C. devaluing the
D. changing bank
E. open market
Student Loan Debt
If you receive a federal student loan, you will be required to repay that loan with interest. It is
important that you understand how interest is calculated and the fees associated with your loan.
Both of these factors will impac
Chapter 18 Question
1. A private pension fund is administered by a private corporation while public pension
funds are administered by a federal, state or local government.
2. An insured pension fund is administered by a life insurance company while a noni
Primary Markets- Markets in which users of funds (e.g., corporations) raise funds through new
issues of financial instruments, such as stocks and bonds.
Secondary Markets- markets that trade financial instruments once they ar
JC Penny has been around since 1913. They started with around 83 stores in 1915 and then shot up to
1,406 in just 15 years. They started selling appliances, sporting goods, garden merchandise, and auto
parts. Then they started in catalog business, beauty
Chapter 2 Determinants of Interest Rates
You go to the Wall Street Journal and notice that yields on almost all corporate and
Treasury bonds have decreased. The yield decreases may be explained by which one
of the following?
A. Newly expected decline i
Chapter 1 Introduction
1. Secondary markets help support primary markets because secondary markets
I. offer primary market purchasers liquidity for their holdings.
II. update the price or value of the primary market claims.
III. reduce the cost of trading
Financial Institutions and Markets
In the United States, we hold elections to vote for and select candidates to fill numerous
positions in government. A midterm election is a vote that does not coincide with a presidential