Exam (elaborations)
The Economics Of Money Banking And Financial Markets 6th Canadian Edition By Mishkin - Test Bank
- Course
- Institution
The Economics Of Money Banking And Financial Markets 6th Canadian Edition By Mishkin - Test Bank
[Show more]
Seller
Follow
evileye251
Reviews received
Content preview
, TEST BANKFOR
The Economics of Money, Banking,
and Financial Markets
Sixth Canadian Edition
Frederic S. Mishkin
Columbia University
Apostolos Serletis
University of Calgary
Prepared by
Lance Shandler
Kwantlen Polytechnic University
Toronto
ISBN 978-0-13-438210-4
Copyright © 2017 Pearson Canada Inc., Toronto, Ontario. All rights reserved. This work is protected by Canadian
copyright laws and is provided solely for the use of instructors in teaching their courses and assessing student
learning. Dissemination or sale of any part of this work (including on the Internet) will destroy the integrity of the
work and is not permitted. The copyright holder grants permission to instructors who have adopted The Economics
of Money, Banking, and Financial Markets, Sixth Canadian Edition, by Mishkin and Serletis, to post this material
online only if the use of the website is restricted by access codes to students in the instructor’s class that is using
the textbook and provided the reproduced material bears this copyright notice.
,Economics of Money, Banking, and Financial Markets 6e (Mishkin)
Chapter 1 Why Study Money, Banking, and Financial Markets?
1.1 Why Study Financial Markets?
1) Financial markets promote economic efficiency by ________.
A) channelling funds from investors to savers
B) creating inflation
C) channelling funds to those who have a productive use for them
D) reducing investment
Answer: C
Diff: 1 Type: MC
Skill: Recall
Objective: 1.1 Recognize the importance of financial markets in the economy.
2) Well-functioning financial markets promote ________.
A) inflation
B) deflation
C) unemployment
D) economic growth
Answer: D
Diff: 1 Type: MC
Skill: Recall
Objective: 1.1 Recognize the importance of financial markets in the economy.
3) A key factor in producing high economic growth is ________.
A) eliminating foreign trade
B) well-functioning financial markets
C) high interest rates
D) stock market volatility
Answer: B
Diff: 1 Type: MC
Skill: Recall
Objective: 1.1 Recognize the importance of financial markets in the economy.
4) Markets in which funds are transferred from those who do not have a productive use for
them to those who do are called ________.
A) commodity markets
B) fund-available markets
C) derivative exchange markets
D) financial markets
Answer: D
Diff: 1 Type: MC
Skill: Recall
Objective: 1.1 Recognize the importance of financial markets in the economy.
1
Copyright © 2017 Pearson Canada, Inc.
, 5) ________ markets transfer funds from people who do not have a productive use for them to
people who do.
A) Commodity
B) Fund-available
C) Financial
D) Derivative exchange
Answer: C
Diff: 1 Type: MC
Skill: Recall
Objective: 1.1 Recognize the importance of financial markets in the economy.
6) Poorly performing financial markets can be the cause of ________.
A) wealth
B) poverty
C) financial stability
D) financial expansion
Answer: B
Diff: 1 Type: MC
Skill: Recall
Objective: 1.1 Recognize the importance of financial markets in the economy.
7) The bond markets are important because they are ________.
A) easily the most widely followed financial markets in Canada
B) the markets where foreign exchange rates are determined
C) where corporations and governments borrow to finance their activities
D) the markets where all borrowers get their funds
Answer: C
Diff: 1 Type: MC
Skill: Recall
Objective: 1.1 Recognize the importance of financial markets in the economy.
8) A security is also known as ________.
A) a financial instrument
B) a contingent claim
C) the interest rate
D) a liability
Answer: A
Diff: 1 Type: MC
Skill: Applied
Objective: 1.1 Recognize the importance of financial markets in the economy.
2
Copyright © 2017 Pearson Canada, Inc.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller evileye251. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $27.31. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
63950 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 15 years now
Recently viewed by you
Exam (elaborations) ·
Anatomy and Physiology Hesi A2 Admission Assessment 4th edition Questions And Answers A+ Review
Exam (elaborations) ·
WALDEN UNIVERSITY NRNP 6645 PSYCHOTHERAPY TESTBANK WITH MULTIPLE MODALITIES MIDTERM EXAM
Exam (elaborations) ·
University of Waterloo> BIOL 165: Diversity of Life Midterm Exam II Answers (2024/2025)
Exam (elaborations) ·
Leapforce Rater Quality Exam Study Guide Questions With Answers Graded A+ Assured Success
Exam (elaborations) ·
BIOD 151 Final Exam Essential Human Anatomy and Physiology 2022 (35 Questions and Answers)
Exam (elaborations) ·
UHC EVENTS BASICS TEST EXAM (50 REAL EXAM QUESTIONS AND CORRECT ANSWERS ) LATEST 2022-2023| AGRADE
Summary ·
Samenvatting 100+ management models, ISBN: 9781909652804 Strategisch Communicatie Management
Exam (elaborations) ·
WEBCE TEST QUESTIONS LATEST UPDATE WITH MULTIPLE, CORRECTLY ANSWERED QUESTIONS ALREADY GRADED A+
