Question 1: (TCO 1) Credit unions are _____ institutions.
thrift
contractual
federal
depository
Question 2. Question : (TCO 1) The household sector is the largest surplus sector and invests in the capital market ______.
directly by purchasing stocks and bonds
indirectly through mutual funds
indirectly through pension funds
All of the above
Question 3. Question : (TCO 1) Money markets are associated with _______ ; capital markets are associated with ______.
liquidity; marketability
spot; future
liquidity; economic investment
primary; secondary
Question 4. Question : (TCO 1) Secondary capital markets have promoted economic growth in the United States because
they have increased marketability of stocks and bonds.
they have increased the public’s access to investment.
they have helped investors diversify.
All of the above
Question 5. Question : (TCO 1) Which of the following is not a debt security?
Corporate bonds
U.S. Government securities
Federal agency securities
Common stock