{"id":216346,"date":"2018-09-15T20:55:53","date_gmt":"2018-09-15T20:55:53","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/15\/fin-100-quiz-1-2-2\/"},"modified":"2018-10-24T08:43:02","modified_gmt":"2018-10-24T08:43:02","slug":"fin-100-quiz-1-2-2","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/fin-100-quiz-1-2-2\/","title":{"rendered":"FIN 100 QUIZ 1 (2)"},"content":{"rendered":"<p>Question 1 \ufffd\u00a0\t \ufffd \ufffd\u00a0 ________________ involves making decisions relating to issuing and investing in stocks and bonds.  \ufffd\u00a0\u00a0\u00a0\u00a0 \u00a0\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 2  \ufffd \u00a0\t \ufffd \ufffd\u00a0 Economists use a ___________________ framework to explain how the prices and quantities of goods and services are determined in a free-market economic system. \u00a0\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 3 \ufffd\u00a0\t \ufffd \ufffd\u00a0 The goal of the financial manager in a profit-seeking organization is to maximize:  \ufffd  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 4\t \ufffd \ufffd\u00a0 ________________ involves the sale or marketing of securities, the analysis of securities, and the management of risk through portfolio diversification. \ufffd \ufffd\u00a0  \ufffd \ufffd  \ufffd \ufffd\u00a0 \u00a0\tQuestion 5 \ufffd\u00a0\t \ufffd \ufffd\u00a0 Maximizing _____________________ is accomplished through effective financial planning and analysis, asset management, and the acquisition of financial capital.\u00a0\u00a0\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 6  \ufffd \u00a0\t \ufffd \ufffd\u00a0 An area of finance that involves the study of organizations or intermediaries that help the financial system operate efficiently and transfer funds from savers and investors to individuals, businesses, and governments that seek to spend or invest the funds in physical assets (inventories, buildings, and equipment) is called:\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 7  \ufffd \u00a0\t \ufffd \ufffd\u00a0 An area of finance that involves the sale or marketing of securities, the analysis of securities, and the management of investment risk through portfolio diversification is referred to as:  \ufffd \ufffd \ufffd\u00a0\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 8 \ufffd\u00a0\t \ufffd \ufffd\u00a0 ____________________ provide the record-keeping mechanism for showing ownership of the financial instruments used in the flow of financial funds between savers and borrowers and record revenues, expenses, and profitability of organizations that produce and exchange goods and services.\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 9\t \ufffd \ufffd\u00a0 _______________ is the study of how individuals prepare for financial emergencies, protect against premature death and the loss of property, and accumulate wealth over time.\t \ufffd \ufffd\u00a0 \u00a0  \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 10\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 An area of finance that involves financial planning, asset management and fund-raising decisions to enhance the value of businesses is called: \ufffd\u00a0\u00a0  \ufffd \ufffd  \ufffd \ufffd\u00a0 \u00a0\tQuestion 11\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 Inflation is:\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 12\t \ufffd \ufffd\u00a0 Paper money fully backed by a precious metal and issued by the government is called:\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 13\t \ufffd \ufffd\u00a0 The price level of goods and services may be expressed as the ratio of _____________. \u00a0\u00a0\u00a0 \u00a0\tQuestion 14\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 Which of the following describes the basic function of money? \ufffd\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 15\t \ufffd \ufffd\u00a0 _____________ is a promise of future payment issued by a firm and guaranteed by a bank that is used to finance international trade with typical maturities ranging from one to six months. \ufffd\u00a0  \ufffd \ufffd \u00a0\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 16\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 Money decreed to be &#8220;legal tender&#8221;\ufffd for the payment of debts is money backed by: \u00a0\u00a0 \u00a0\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 17\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 If the money supply for an economy is $3 trillion and GDP is $10 trillion, then the velocity of money is: \ufffd\u00a0\u00a0\u00a0  \ufffd \ufffd\u00a0 \u00a0\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 18\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 Credit money is backed by:\t \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0  \ufffd \ufffd\u00a0 \u00a0\tQuestion 19\t \ufffd \ufffd\u00a0 Which of the following are not included in M1?\t \ufffd \ufffd\u00a0 \u00a0\tQuestion 20 \u00a0\u00a0\u00a0 \u00a0\t \ufffd \ufffd\u00a0 The function of money that expresses prices and contracts for deferred payments in terms of the monetary unit is referred to as:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question 1 \ufffd\u00a0 \ufffd \ufffd\u00a0 ________________ involves making decisions relating to issuing and investing in stocks and bonds. \ufffd\u00a0\u00a0\u00a0\u00a0 \u00a0 \ufffd \ufffd\u00a0 \ufffd \ufffd\u00a0 \ufffd \ufffd\u00a0 \u00a0 Question 2 \ufffd \u00a0 \ufffd \ufffd\u00a0 Economists use a ___________________ framework to explain <a href=\"https:\/\/www.benedictsol.com\/blogs\/fin-100-quiz-1-2-2\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-216346","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=216346"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216346\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=216346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=216346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=216346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}