5. A country whose financial markets function poorly is likely to A) efficiently allocate its capital resources. B) enjo...

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5. A country whose financial markets function poorly is likely to

A) efficiently allocate its capital resources.

B) enjoy high productivity.

C) experience economic hardship and financial crises.

D) increase its standard of living.

E) DIE


6. Foreign currencies that are deposited in banks outside the home country are known as

A) foreign bonds.

B) Eurobond.

C) Eurocurrencies.

D) Eurodollars.

E) 007 Bonds.


7. U.S. dollars deposited in foreign banks outside the United States or in foreign branches of U.S. are referred to as

A) Eurodollars.

B) Eurocurrencies.

C) Eurobonds.

D) foreign bonds.

E) Roger Moore 007 Bonds.


8. Fire and casualty insurance companies are what type of intermediary?

A) Contractual savings institution

B) Depository institutions

C) Investment intermediaries

D) None of the above

E) I was hoping for Just P & C as the answer, yes or no?










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