ECON330 UofA Exam 1 Questions And
Answers Latest 2025
financial markets -
correct answer ✅markets in which funds are transferred from
people and firms who have an excess of available funds to people
and firms who have a need of funds
security -
correct answer ✅a claim on the issuer's future income or assets
(ex. stock, bonds, loans)
interest rate -
correct answer ✅cost/reward of borrowing/lending
interest is the price of -
correct answer ✅impatience
financial intermediary -
correct answer ✅person/company that connects savers with
borrowers (ex. bank, insurance company, stock broker, investment
bank, mutual fund company)
saver -
correct answer ✅someone who consumes less than their income
, ECON330 UofA Exam 1 Questions And
Answers Latest 2025
investor -
correct answer ✅someone who purchases physical/human capital
money -
correct answer ✅something used to buy/trade for goods and
services
inflation -
correct answer ✅increase in the price level
what causes inflation? -
correct answer ✅too much money
nominal interest rate -
correct answer ✅change in how much money I have by waiting
real interest rate -
correct answer ✅change in what I can consume by waiting
Answers Latest 2025
financial markets -
correct answer ✅markets in which funds are transferred from
people and firms who have an excess of available funds to people
and firms who have a need of funds
security -
correct answer ✅a claim on the issuer's future income or assets
(ex. stock, bonds, loans)
interest rate -
correct answer ✅cost/reward of borrowing/lending
interest is the price of -
correct answer ✅impatience
financial intermediary -
correct answer ✅person/company that connects savers with
borrowers (ex. bank, insurance company, stock broker, investment
bank, mutual fund company)
saver -
correct answer ✅someone who consumes less than their income
, ECON330 UofA Exam 1 Questions And
Answers Latest 2025
investor -
correct answer ✅someone who purchases physical/human capital
money -
correct answer ✅something used to buy/trade for goods and
services
inflation -
correct answer ✅increase in the price level
what causes inflation? -
correct answer ✅too much money
nominal interest rate -
correct answer ✅change in how much money I have by waiting
real interest rate -
correct answer ✅change in what I can consume by waiting
