Edition
Complete Test Bank | Financial Markets,
Banking & Institutional Finance
Tr
us
te
ds
ch
ol
ar
Trustedscholar
, iuytrew
TEST BANK FOR
Financial Markets and Institutions 12thEdition by Jeff Madura
1. Financial market participants who provide funds are called
a. deficit units.
b. surplus units.
c. primary units.
d. secondary units.
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: FMAI.MADU.15.01.01
Tr
NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
STATE STANDARDS: United States - OH - DISC.FMAI.MADU.15.02
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 9/15/2016 6:38 AM
us
DATE MODIFIED: 9/16/2016 1:14 AM
2. Which of the following is NOT an issuer of bonds?
a. households
b. corporations
te
c. the U.S. Treasury
d. government agencies
ANSWER: a
ds
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: FMAI.MADU.15.01.01
ch
NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
STATE STANDARDS: United States - OH - DISC.FMAI.MADU.15.02
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 9/16/2016 1:15 AM
DATE MODIFIED: 5/1/2018 11:55 AM
ol
3. Behavioral finance
a. applies concepts from sociology and anthropology to the behavior of market participants.
ar
trewq
Trustedscholar
, iuytrew
b. studies the behavior of financial markets in response to changes in Federal Reserve policy.
c. applies psychology to financial decision making.
d. explains why markets are efficient.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: FMAI.MADU.15.01.01
NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
STATE STANDARDS: United States - OH - DISC.FMAI.MADU.15.02
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 9/16/2016 1:18 AM
DATE MODIFIED: 9/16/2016 1:21 AM
Tr
4. Those financial markets that facilitate the flow of short-term funds are known as:
a. money markets
b. capital markets
c. primary markets
us
d. secondary markets
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
te
HAS VARIABLES: False
LEARNING OBJECTIVES: FMAI.MADU.15.01.02
NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.02
STATE STANDARDS: United States - OH - DISC.FMAI.MADU.15.02
ds
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 9/16/2016 1:21 AM
DATE MODIFIED: 5/1/2018 11:56 AM
5. Funds are provided to the initial issuer of securities in the:
ch
a. secondary market
b. primary market
c. deficit market
d. surplus market
ANSWER: b
ol
POINTS: 1
DIFFICULTY: Easy
ar
trewq
Trustedscholar
, iuytrew
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: FMAI.MADU.15.01.01
NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
STATE STANDARDS: United States - OH - DISC.FMAI.MADU.15.02
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 9/16/2016 1:24 AM
DATE MODIFIED: 5/1/2018 12:26 PM
6. Which of the following is a capital market instrument?
a. a six-month certificate of deposit
b. a three-month Treasury bill
c. a ten-year bond
d. an agreement for a bank to loan funds directly to a company for nine months
ANSWER: c
Tr
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
us
LEARNING OBJECTIVES: FMAI.MADU.15.01.02
NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
STATE STANDARDS: United States - OH - DISC.FMAI.MADU.15.02
KEYWORDS: Bloom's: Comprehension
DATE CREATED: 9/16/2016 1:27 AM
te
DATE MODIFIED: 9/16/2016 1:29 AM
7. Which of the following is a money market security?
a. Treasury note
ds
b. municipal bond
c. mortgage
d. commercial paper
ANSWER: d
POINTS: 1
ch
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: FMAI.MADU.15.01.02
NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
ol
STATE STANDARDS: United States - OH - DISC.FMAI.MADU.15.02
KEYWORDS: Bloom's: Comprehension
ar
trewq
Trustedscholar