BUSI 604 Test 2 (Set-3), Questions And Answers, Liberty University

BUSI 604 Test-2

 Question 1
2 out of 2 points
A (_________) notifies the investor of the price movement
of shares he or she holds in the security exchange.

Selected Trade
Answer: alert



 Question 2
2 out of 2 points
In the United States, the (____________) is responsible for
regulating the growth of the economy.

Selected Federal Reserve
Answer: Bank



 Question 3
2 out of 2 points
Eurocurrency and Eurobanks do not necessarily mean
the currencies or the banks are European.

Selected Tru
Answer: e

, Question 4
2 out of 2 points
The economies of the world have become highly
interdependent because of improvements in
communication and transportation technologies and the
lowering of barriers to trade.

Selected Tru
Answer: e
 Question 5
2 out of 2 points
(__________) essentially decreases a consumer’s
purchasing power by making goods and services more
expensive.

Selected Inflatio
Answer: n
 Question 6
2 out of 2 points
If a currency price is expected to rise in the future, a
buyer pays a higher price, which is considered a forward
discount.

Selected Fals
Answer: e
 Question 7
2 out of 2 points
Speculators buy and sell commodities with the intention
of making profits on price differentials across global

, markets.

Selected Tru
Answer: e
 Question 8
2 out of 2 points
(_________) are used as an alternative to borrowing and
lending in the Eurodollar and other offshore markets.

Selected FX
Answer: swaps
 Question 9
2 out of 2 points
(______) rates indicate the exchange rate of one
currency in units of another currency immediately.

Selected Spo
Answer: t
 Question 10
2 out of 2 points
In the United States, the Federal Reserve Bank is
responsible for regulating the growth of the economy,
which is accomplished by the increase or decrease of
currency exchange.

Selected Fals
Answer: e
 Question 11
2 out of 2 points
The (___________) monitors the various companies and