1.
Award: 10.00 points
2.
Award: 10.00 points
Financial assets represent _______ of total assets of U.S. households in 2019.
about 70%
over 90%
under 10%
about 30%
References
Multiple Choice Difficulty: 1 Easy Learning Objective: 01-02 Distinguish
between real assets and financial assets.
Real assets in the economy include all but which one of the following?
Land
Buildings
Consumer durables
Common stock
Real assets have productive capacity, common stock is a claim on real assets and has no intrinsic
productive capacity.
References
Multiple Choice Difficulty: 1 Easy Learning Objective: 01-02 Distinguish
between real assets and financial assets.
3.
Award: 10.00 points
4.
Award: 10.00 points
In 2019, net worth represented _______ of the liabilities and net worth of commercial banks.
about 51%
about 91%
about 11%
about 31%
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
According to the Flow of Funds Accounts of the United States, the largest single asset of U.S.
households is _______.
mutual fund shares
real estate
pension reserves
corporate equity
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
5.
Award: 10.00 points
6.
Award: 10.00 points
According to the Flow of Funds Accounts of the United States, the largest liability of U.S.
households is _______.
mortgages
consumer credit
bank loans
gambling debts
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
_______ is not a derivative security.
A share of common stock
A call option
A futures contract
A put option
Derivatives are securities that provide payoffs based on valued of other securities.
References
Multiple Choice Difficulty: 1 Easy Learning Objective: 01-02 Distinguish
between real assets and financial assets.
7.
Award: 10.00 points
8.
Award: 10.00 points
According to the Flow of Funds Accounts of the United States, the largest financial asset of U.S.
households is ________.
mutual fund shares
corporate equity
pension reserves
deposits
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
Active trading in markets and competition among securities analysts helps ensure that:
1. Security prices approach informational efficiency.
2. Riskier securities are priced to offer higher potential returns.
3. Investors are unlikely to be able to consistently find under- or overvalued securities.
1 only
1 and 2 only
2 and 3 only
1, 2, and 3
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-03 Explain the
economic functions of financial markets
and how various securities are related to
the governance of the corporation.
9.
Award: 10.00 points
10.
Award: 10.00 points
The material wealth of society is determined by the economy's _______, which is a function of the
economy's _______.
investment bankers; financial assets
investment bankers; real assets
productive capacity; financial assets
productive capacity; real assets
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
Which of the following is not a money market security?
U.S. Treasury bill
6-month maturity certificate of deposit
common stock
mortgage backed security
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
11.
Award: 10.00 points
12.
Award: 10.00 points
_______ assets generate net income to the economy, and _______ assets define allocation of
income among investors.
Financial; financial
Financial; real
Real; financial
Real; real
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
Award: 10.00 points
2.
Award: 10.00 points
Financial assets represent _______ of total assets of U.S. households in 2019.
about 70%
over 90%
under 10%
about 30%
References
Multiple Choice Difficulty: 1 Easy Learning Objective: 01-02 Distinguish
between real assets and financial assets.
Real assets in the economy include all but which one of the following?
Land
Buildings
Consumer durables
Common stock
Real assets have productive capacity, common stock is a claim on real assets and has no intrinsic
productive capacity.
References
Multiple Choice Difficulty: 1 Easy Learning Objective: 01-02 Distinguish
between real assets and financial assets.
3.
Award: 10.00 points
4.
Award: 10.00 points
In 2019, net worth represented _______ of the liabilities and net worth of commercial banks.
about 51%
about 91%
about 11%
about 31%
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
According to the Flow of Funds Accounts of the United States, the largest single asset of U.S.
households is _______.
mutual fund shares
real estate
pension reserves
corporate equity
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
5.
Award: 10.00 points
6.
Award: 10.00 points
According to the Flow of Funds Accounts of the United States, the largest liability of U.S.
households is _______.
mortgages
consumer credit
bank loans
gambling debts
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
_______ is not a derivative security.
A share of common stock
A call option
A futures contract
A put option
Derivatives are securities that provide payoffs based on valued of other securities.
References
Multiple Choice Difficulty: 1 Easy Learning Objective: 01-02 Distinguish
between real assets and financial assets.
7.
Award: 10.00 points
8.
Award: 10.00 points
According to the Flow of Funds Accounts of the United States, the largest financial asset of U.S.
households is ________.
mutual fund shares
corporate equity
pension reserves
deposits
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
Active trading in markets and competition among securities analysts helps ensure that:
1. Security prices approach informational efficiency.
2. Riskier securities are priced to offer higher potential returns.
3. Investors are unlikely to be able to consistently find under- or overvalued securities.
1 only
1 and 2 only
2 and 3 only
1, 2, and 3
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-03 Explain the
economic functions of financial markets
and how various securities are related to
the governance of the corporation.
9.
Award: 10.00 points
10.
Award: 10.00 points
The material wealth of society is determined by the economy's _______, which is a function of the
economy's _______.
investment bankers; financial assets
investment bankers; real assets
productive capacity; financial assets
productive capacity; real assets
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
Which of the following is not a money market security?
U.S. Treasury bill
6-month maturity certificate of deposit
common stock
mortgage backed security
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.
11.
Award: 10.00 points
12.
Award: 10.00 points
_______ assets generate net income to the economy, and _______ assets define allocation of
income among investors.
Financial; financial
Financial; real
Real; financial
Real; real
References
Multiple Choice Difficulty: 2 Medium Learning Objective: 01-02 Distinguish
between real assets and financial assets.