APU BUSN602 Midterm Exam
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Question 
Question 1 
Which of the following are not included in M1?
A. negotiable orders of withdrawal
B. automatic transfer service accounts
C. money market deposit accounts
D. credit union share draft accounts
Question 2 
If the stated or nominal interest rate is 10 percent and the inflation rate is 5 percent, the net or differential compounding rate would be ________ percent
A. ten
B. five
C. two
D. fifteen
Question 3 
______________ occurs during economic expansions when demand for goods an...
- Exam (elaborations)
- • 7 pages's •
-
APU BUSN602 Midterm Exam•APU BUSN602 Midterm Exam
Preview 1 out of 7 pages
Question 
Question 1 
Which of the following are not included in M1?
A. negotiable orders of withdrawal
B. automatic transfer service accounts
C. money market deposit accounts
D. credit union share draft accounts
Question 2 
If the stated or nominal interest rate is 10 percent and the inflation rate is 5 percent, the net or differential compounding rate would be ________ percent
A. ten
B. five
C. two
D. fifteen
Question 3 
______________ occurs during economic expansions when demand for goods an...
Question 
Question 1 
Which of the following are not included in M1?
A. negotiable orders of withdrawal
B. automatic transfer service accounts
C. money market deposit accounts
D. credit union share draft accounts
Question 2 
If the stated or nominal interest rate is 10 percent and the inflation rate is 5 percent, the net or differential compounding rate would be ________ percent
A. ten
B. five
C. two
D. fifteen
Question 3 
______________ occurs during economic expansions when demand for goods an...
- Exam (elaborations)
- • 7 pages's •
-
APU BUSN602 Midterm Exam•APU BUSN602 Midterm Exam
Preview 1 out of 7 pages
Question 
Question 1 
Which of the following are not included in M1?
A. negotiable orders of withdrawal
B. automatic transfer service accounts
C. money market deposit accounts
D. credit union share draft accounts
Question 2 
If the stated or nominal interest rate is 10 percent and the inflation rate is 5 percent, the net or differential compounding rate would be ________ percent
A. ten
B. five
C. two
D. fifteen
Question 3 
______________ occurs during economic expansions when demand for goods an...