Qnt 561 Week 3 Quiz

Time Elapsed | 1 hour, 17 minutes out of 2 hours. | Instructions | This quiz consist of 20 multiple choice questions. The first 10 questions cover the material in Chapter 1. The second 10 questions cover the material in Chapter 2. Be sure you are in the correct Chapter when you take the quiz. | * Question 1
2 out of 2 points | | | An area of finance that refers to the physical locations or electronic forums that facilitate the flow of funds among investors, businesses, and governments is called:Answer | | | | | Selected Answer: | financial markets | Correct Answer: | financial markets | | | | | * Question 2
2 out of 2 points | | | Rational investors would consider an investment in a risky business
bimetallic standard was based on:Answer | | | | | Selected Answer: | silver and gold | Correct Answer: | silver and gold | | | | | * Question 14
2 out of 2 points | | | ____________ accounts are increasingly used to make direct deposits to and payments from checkable deposit accounts.Answer | | | | | Selected Answer: | automatic transfer service (ATS) | Correct Answer: | automatic transfer service (ATS) | | | |
government to help finance which of the following wars?Answer | | | | | Selected Answer: | Revolutionary War | Correct Answer: | Civil War | | | | | * Question 16
2 out of 2 points | | | The supply of a currency in international markets depends largely on the:Answer | | | | | Selected Answer: | imports of the issuing country | Correct Answer: | imports of the issuing country | | | | | * Question 17
2 out of 2 points | | | _____________ is a short-term debt security sold by a business firm or financial institution to another business or institution where the seller agrees to buy back the security at a specified price and date.Answer | | | | | Selected Answer: | A repurchase agreement | Correct Answer: | A repurchase agreement | | | | | * Question 18
2 out of 2 points | | | Money decreed to be “legal tender” for the payment of debts is money backed by:Answer | | | | | Selected Answer: | government creditworthiness | Correct Answer: | government creditworthiness | | | | | * Question 19
2 out of 2 points | | | The three functions of money are:Answer | | |