Test bank for Financial Markets & Institutions, 12th Edition by Jeff Madura Isbn No: 9781337099745, All Chapters ||Complete A+ Guide

Test bank for Financial Markets & Institutions, 12th
Edition by Jeff Madura




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, Test bank for Financial Markets and Institutions 12th
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Edition by Jeff Madura m m m m




1. Financial market participants who provide funds are called
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a. deficit units.
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b. surplus units.
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c. primary units.
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d. secondary units.
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ANSWER: mm b
POINTS: mm 1
DIFFICULTY: Easy mm


QUESTION TYPE: Multiple Choice
m mm m


HAS VARIABLES:
m False mm


LEARNING OBJECTIVES: FMAI.MADU.15.01.01
m mm


NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
m mm m m m


STATE STANDARDS:m United States - OH - DISC.FMAI.MADU.15.02
mm m m m m m


KEYWORDS: Bloom's: Knowledge
mm m


DATE CREATED:
m 9/15/2016 6:38 AM mm m m


DATE MODIFIED:
m 9/16/2016 1:14 AM mm m m




2. Which of the following is NOT an issuer of bonds?
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a. households
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b. corporations
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c. the U.S. Treasury
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d. government agencies
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ANSWER: mm a
POINTS: mm 1
DIFFICULTY: Easy mm


QUESTION TYPE: Multiple Choice
m mm m


HAS VARIABLES:
m False mm


LEARNING OBJECTIVES: FMAI.MADU.15.01.01
m mm


NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
m mm m m m


STATE STANDARDS:m United States - OH - DISC.FMAI.MADU.15.02
mm m m m m m


KEYWORDS: Bloom's: Knowledge
mm m


DATE CREATED:
m 9/16/2016 1:15 AM mm m m


DATE MODIFIED:
m 5/1/2018 11:55 AM mm m m




3. Behavioral finance
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a. applies concepts from sociology and anthropology to the behavior of market participants.
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b. studies the behavior of financial markets in response to changes in Federal Reserve
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policy.
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c. applies psychology to financial decision making.
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d. explains why markets are efficient.
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ANSWER: mm c
POINTS: mm 1
DIFFICULTY: mm Easy
QUESTION TYPE: m mm Multiple Choice m


HAS VARIABLES:
m mm False
LEARNING OBJECTIVES: m mm FMAI.MADU.15.01.01
NATIONAL STANDARDS: m mm United States - BUSPROG.FMAI.MADU.15.03
m m m


STATE STANDARDS:m mm United States - OH - DISC.FMAI.MADU.15.02
m m m m m


KEYWORDS: mm Bloom's: Knowledge m


DATE CREATED:
m mm 9/16/2016 1:18 AM m m


DATE MODIFIED:
m mm 9/16/2016 1:21 AM m m




4. Those financial markets that facilitate the flow of short-term funds are known as:
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a. money markets
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b. capital markets
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c. primary markets
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m
d. secondary markets
m m


ANSWER: mm a
POINTS: mm 1
DIFFICULTY: Easy mm


QUESTION TYPE: Multiple Choice
m mm m


HAS VARIABLES:
m False mm


LEARNING OBJECTIVES: FMAI.MADU.15.01.02
m mm


NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.02
m mm m m m


STATE STANDARDS:m United States - OH - DISC.FMAI.MADU.15.02
mm m m m m m


KEYWORDS: Bloom's: Knowledge
mm m


DATE CREATED:
m 9/16/2016 1:21 AM mm m m


DATE MODIFIED:
m 5/1/2018 11:56 AM mm m m




5. Funds are provided to the initial issuer of securities in the:
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a. secondary market
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b. primary market
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c. deficit market
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d. surplus market
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ANSWER: mm b
POINTS: mm 1
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, DIFFICULTY: mm Easy
QUESTION TYPE: m mm Multiple Choice m


HAS VARIABLES:
m mm False
LEARNING OBJECTIVES: m mm FMAI.MADU.15.01.01
NATIONAL STANDARDS: m mm United States - BUSPROG.FMAI.MADU.15.03
m m m


STATE STANDARDS:m mm United States - OH - DISC.FMAI.MADU.15.02
m m m m m


KEYWORDS: mm Bloom's: Knowledge m


DATE CREATED:
m mm 9/16/2016 1:24 AM m m


DATE MODIFIED:
m mm 5/1/2018 12:26 PM m m




6. Which of the following is a capital market instrument?
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a. a six-month certificate of deposit
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b. a three-month Treasury bill
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c. a ten-year bond
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d. an agreement for a bank to loan funds directly to a company for nine months
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ANSWER: c
mm


POINTS: mm 1
DIFFICULTY: Moderate mm


QUESTION TYPE: Multiple Choice
m mm m


HAS VARIABLES:
m False mm


LEARNING OBJECTIVES: FMAI.MADU.15.01.02
m mm


NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
m mm m m m


STATE STANDARDS:m United States - OH - DISC.FMAI.MADU.15.02
mm m m m m m


KEYWORDS: Bloom's: Comprehension
mm m


DATE CREATED:
m 9/16/2016 1:27 AM mm m m


DATE MODIFIED:
m 9/16/2016 1:29 AM mm m m




7. Which of the following is a money market security?
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a. Treasury note
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b. municipal bond
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c. mortgage
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d. commercial paper
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ANSWER: d
mm


POINTS: mm 1
DIFFICULTY: Moderate mm


QUESTION TYPE: Multiple Choice
m mm m


HAS VARIABLES:
m False mm


LEARNING OBJECTIVES: FMAI.MADU.15.01.02
m mm


NATIONAL STANDARDS: United States - BUSPROG.FMAI.MADU.15.03
m mm m m m


STATE STANDARDS:m United States - OH - DISC.FMAI.MADU.15.02
mm m m m m m




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