• Question 1

A draft requiring immediate payment is called a(n)    

• Question 2

An importer will generally try to avoid making payment for a purchase before the goods are actually shipped by    

• Question 3

_________________________ was created to help economic growth in developing countries.    

• Question 4

The exchange rate is the rate at which a given unit of foreign currency is quoted in terms of    

• Question 5

_________________________ was an international monetary system in which the U.S. dollar was valued in gold and other exchange rates were pegged to the dollar.    

• Question 6

The life stages of an individual saver include which of the following:    

• Question 7

In general, during the business cycle, when economic activity is peaking:    

• Question 8

If individuals believe their income will decrease in the near future, they may _____________ their spending.    

• Question 9

The most important savings surplus unit in the economy is:    

• Question 10

Capital market securities include all of the following EXCEPT:    

• Question 11

The basic price that equates the demand for and supply of loanable funds in the financial markets is the __________:    

• Question 12

The risk-free interest rate is composed of:    

• Question 13

Compensation for those financial debt instruments that cannot be easily converted to cash at prices close to estimated fair market values is termed:    

• Question 14

Which of the following does not accumulate savings?    

• Question 15

Which of the following factors does not affect the supply of loanable funds?    

• Question 16

A document which is administered by a trustee, and includes in great detail the various provisions of the loan agreement is called the:    

• Question 17

Private placements:    

• Question 18

Common stock can have which of the following characteristics ? It can be:    

• Question 19

Which of the following is considered to be the most risky?    

• Question 20

The largest annual supply of external funds for business corporations comes from issuance of which one of the following sources?