文档介绍：CH1
1) Financial markets and institutions
A) involve the movement of huge flows of money.
B) affect the profits of businesses.
C) affect the types of goods and services produced in an economy.
D) do each of the above.
E) do only (a) and (b) of the above.
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24) Compared to fifty years ago,
A) small savers have more options for what they can do with their savings.
B) small savers have fewer options for what they can do with their savings.
C) small savers are likely to put their savings in a savings account at mercial bank.
D) small savers are likely to put their savings in a savings account at a savings and loan.
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26) Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called
A) commodity markets.
B) fund-available markets.
C) derivative exchange markets.
D) financial markets.
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27) The bond markets are important because
A) they are easily the most widely followed financial markets in the United States.
B) they are the markets where foreign exchange rates are determined.
C) they are the markets where interest rates are determined.
D) of each of the above.
E) of only (a) and (b) of the above.
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29) The stock market is important because
A) it is where interest rates are determined.
B) it is the most widely followed financial market in the United States.
C) it is where foreign exchange rates are determined.
D) all of the above.
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31) Budgets deficits can be a concern because they might
A) ultimately lead to higher inflation.
B) lead to a higher rate of money growth.
C) lead to higher interest rates.
D) cause all of the above to occur.
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33) The price of one country's currency in terms o