Econ 3030 - Money, Banking and the Economy » Fall 2021 » Quiz 1
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Question #1
Interest rates are important in the economy
A.
FALSE
B.
TRUE
Question #2
Interest rates are constant
A.
TRUE
B.
FALSE
Question #3
The banking industry is heavily regulated in the United States.
A.
TRUE
B.
FALSE
Question #4
The U.S. stock market has always been the world's largest and most valuable in terms of its market capitalization value.
A.
TRUE
B.
FALSE
Question #5
The first ever stock market was established in New York.
A.
FALSE
B.
TRUE
Question #6
Moral Hazard means one is held accountable for their bad (financial) misdeeds.
A.
TRUE
B.
FALSE
Question #7
Equity or stock represents ownership.
A.
FALSE
B.
TRUE
Question #8
Banks such as Bank of America or Chase, or credit unions are examples of indirect financial market institutions.
A.
TRUE
B.
FALSE
Question #9
In the world we live in, we are forced to use financial institutions.
A.
FALSE
B.
TRUE
Question #10
Adverse selection occurs after the transaction.
A.
TRUE
B.
FALSE
Need help with your exam preparation?
Get Answers to this exam for $6 USD.
Get Answers to all exams in [ Econ 3030 - Money, Banking and the Economy ] course for $25 USD.
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