graphics_name,topic,id,question,choice1,choice2,choice3,choice4,solution
None,Finance,2303,FINANCE: Which of the following best describes the opportunity cost of holding money?,A bond's face value,The liquidity of other assets,The risk of other assets,The interest rate,The interest rate
None,Finance,2304,FINANCE: Which of the following is a paper claim that entitles the buyer of that claim to future income from the seller?,An asset,A liability,A financial asset,Money,A financial asset
None,Finance,2305,"FINANCE: If the New Zealand dollar has depreciated against the Euro, which of the following best describes the impact the depreciation has on a New Zealander trying to buy Europeans goods?",Their purchasing power has increased.,Their purchasing power has decreased.,The value of the dollar and the ruble are now equal to each other.,The number of dollars it takes to buy a Euro is higher than the number of Euros it takes to buy a dollar.,Their purchasing power has decreased.
None,Finance,2310,FINANCE: Which of the following best describes the difference between nominal interest rates and real interest rates?,nominal interest rates are what banks charge; real interest is what borrowers pay,nominal interest is what you earn from a savings account; real interest is what the bank pays savings accounts,nominal interest rates are not adjusted for inflation; real interest rates are adjusted for inflation,nominal interest is paid on bonds; real interest is paid on stocks,nominal interest rates are not adjusted for inflation; real interest rates are adjusted for inflation
None,Finance,2311,"FINANCE: Mance wants to borrow money, but he doesn’t want to pay more than 11% real interest per year. He expects the annual rate of inflation to be 3% each year during the life of the loan. Based on this information, what is the highest nominal interest that he will be willing to pay?",14%,11%,8%,3%,14%
None,Finance,2312,FINANCE: If you buy a company's stock _____.,you own a part of the company,you have lent money to the company,the company will return your original investment to you with interest,you are liable for the company's debts,you own a part of the company
None,Finance,2314,FINANCE: Which type of bond is the safest?,U.S. Treasury bond,Municipal bond,Corporate bond,Stocks are safer than bonds,U.S. Treasury bond
None,Finance,2322,FINANCE: Which of the following organizations insures your bank deposits?,Canada Deposit Insurance Corporation (CDIC),Investment Industry Regulatory Organization of Canada (IIROC),Provincial securities commissions,None,Canada Deposit Insurance Corporation (CDIC)
None,Finance,2324,FINANCE: Diversification is important to the financial sector because it allows asset holders to _____.,increase returns,mitigate risk,eliminate the potential for losses,allow holders to buy and sell assets quickly,mitigate risk
None,Finance,2327,"FINANCE: Unlike mutual funds, hedge funds tend to be _____.",more aggressive,more regulated,less expensive,All,more aggressive
None,Finance,2328,FINANCE: A risk premium can be described as:,The premium in market prices,Extra compensation investors require for taking additional risk,The cost of an option,Risk of a high quality,Extra compensation investors require for taking additional risk
None,Finance,2329,FINANCE: Which of the following best defines liquidity?,The amount that will be repaid at the end of a bond’s term,The expenses of negotiating and executing an exchange,Uncertainty about the value of an asset,The ability to convert a store of value to cash,The ability to convert a store of value to cash
None,Finance,2333,FINANCE: What are capital gains?,Income earned in a given tax year.,Profits on the sale of investments., Interest paid on guaranteed investments.,Annual pay increases.,Profits on the sale of investments.
None,Finance,2337,"FINANCE: The unemployment rate measures, at a point in time, the percentage of workers who _____.",do not have a job,do not have a job but are looking for work,stop working,are looking for work,do not have a job but are looking for work
None,Finance,2338,FINANCE: Policies to encourage higher personal saving rates include _____.,raising income taxes,raising income and sales taxes,lowering taxes on pension plans,raising sales taxes and lowering taxes on pension plans,raising sales taxes and lowering taxes on pension plans
None,Finance,2343,FINANCE: The purpose of a financial sector is _____.,to minimize the payments firms make to state and local governments,to maximize the payments firms make to state and local governments,to channel funds away from households and firms with surplus funds,to channel monies into socially acceptable causes,to channel funds away from households and firms with surplus funds
None,Finance,2346,FINANCE: If one economic agent possesses more information that their fellow transactor _____.,economic transactions cannot occur,the moral hazard problem has been eliminated,the adverse selction problem has been eliminated,asymmetric information exists,asymmetric information exists
None,Finance,2349,"FINANCE: When property rights are well defined and inexpensive to enforce, _____.",collateral is an efficient solution to asymmetric information problems,little or no collateral is needed to secure a loan,banks become less dominant among intermediaries,poor borrowers are at no disadvantage relative to wealthy borrowers,collateral is an efficient solution to asymmetric information problems
None,Finance,2357,FINANCE: The notion that expectations will be identical to optimal forecasts using all available information is known as _____ expectations.,adaptive,irrational,rational,tertiary,rational
None,Finance,2359,FINANCE: What does the acronym NFT stand for?,Non-financial token,New financial token,Non-fungible token,New fungible token,Non-fungible token