Economics Of Money, Banking, And Financial Mar-ket
Economics of Money, Banking, and Financial Mar-ket
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Economics of Money, Banking, and Financial Markets Test Questions Answered Correctly Latest Update 2024 (Already Passed)
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Economics of Money, Banking, and Financial Mar-ket
Institution
Economics Of Money, Banking, And Financial Mar-ket
Economics of Money, Banking, and Financial Markets Test Questions Answered Correctly Latest Update 2024 (Already Passed)
security - Answers aka financial instrument; a claim on the issuer's future income or assets
asset - Answers any financial claim or piece of property that is subject to owner...
Economics of Money, Banking, and Financial Mar-ket
Economics of Money, Banking, and Financial Mar-ket
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Economics of Money, Banking, and Financial Markets Test Questions Answered Correctly Latest
Update 2024 (Already Passed)
security - Answers aka financial instrument; a claim on the issuer's future income or assets
asset - Answers any financial claim or piece of property that is subject to ownership
bond - Answers a debt security that promises to make payments periodically for a specified period of
time
interest rate - Answers the cost of borrowing or the price paid for the rental of funds
common stock - Answers represents a share of ownership in a corporation; a security that is a claim on
the earnings and assets of the corporation
financial intermediary - Answers an institution that borrows funds from people who have saved and
makes loans to others
financial crises - Answers major disruptions in financial markets that are characterized by sharp declines
in asset prices and the failures of many financial and nonfinancial firms
bank - Answers a financial institution that accepts deposits and makes loans; commercial banks, savings
and loan associations, mutual savings banks, and credit unions
financial innovation - Answers the development of new financial products and services
e-finance - Answers the delivery of financial services electronically
money - Answers aka the money supply; anything that is generally accepted in payment for goods or
services or in the repayment of debts
aggregate price level - Answers the average price of goods and services in an economy
inflation - Answers a continual increase in price level
monetary policy - Answers the management of money and interest rates
central bank - Answers the organization responsible for the conduct of a nation's monetary policy
fiscal policy - Answers decisions about government spending and taxation
budget deficit - Answers the excess of government expenditures over tax revenues for a particular time
period
budget surplus - Answers when tax revenues exceed government expenditures
GDP - Answers measure of aggregate output
, foreign exchange market - Answers where the conversion of currency takes place
foreign exchange rate - Answers the price of one country's currency in terms of another's
liability - Answers IOUs or debts
capital - Answers wealth, either financial or physical, that is employed to produce more wealth
maturity - Answers the number of years (term) until an instrument's expiration date
short-term - Answers less than a year
long-term - Answers ten years or longer
intermediate-term - Answers between one and ten years
equity - Answers claims to share in the net income and the assets of a business e.g. common stock
dividends - Answers periodic payments by corporations to shareholders
primary market - Answers a financial market in which new issues of a security are sold to initial buyers
by the corporation or government agency borrowing the funds
secondary market - Answers financial market in which securities that have been previously issued can be
resold
investment bank - Answers financial institution that assists in the initial sale of securities in the primary
market; does not take in deposits and lend them out
underwriting - Answers the act of guaranteeing a price for a corporation's securities and then selling
them to the public
brokers - Answers agents of investors who match buyers with sellers of securities
dealers - Answers agents who link buyers and sellers by buying and selling securities at stated prices
exchange - Answers where buyers and sellers of securities (or their agents or brokers) meet in one
central location to conduct trades
over-the-counter market - Answers dealers at different locations who have an inventory of securities
stand ready to buy and sell securities "over the counter" to anyone who comes to them and is willing to
accept their prices
money market - Answers financial market in which only short-term debt instruments are traded
capital market - Answers financial market in which longer-term debt and equity instruments are traded
default - Answers a situation in which the party issuing the debt instrument is unable to make interest
payments or pay off the amount owed when the instrument matures
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