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Questions and Answers
What is the monthly, quarterly, semiannual, or annual price paid for an insurance policy?
What is the monthly, quarterly, semiannual, or annual price paid for an insurance policy?
- Bond
- Certificate of deposit
- Pension
- Premium (correct)
What are the five basic investment considerations?
What are the five basic investment considerations?
- Variability, complexity, the investment-interest relationship, savings objectives, timeliness
- Consistency, simplicity, the investment-interest relationship, savings objectives, diversification
- Variability, complexity, the risk-return relationship, investment objectives, timeliness
- Consistency, simplicity, the risk-return relationship, investment objectives, diversification (correct)
What do risky investments usually offer in terms of opportunities for returns?
What do risky investments usually offer in terms of opportunities for returns?
- Lower, low
- Greater, low
- Lower, high
- Greater, high (correct)
What is a characteristic of credit unions based on the text provided?
What is a characteristic of credit unions based on the text provided?
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What type of relationship does a bond represent?
What type of relationship does a bond represent?
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What is a common characteristic of a financial asset?
What is a common characteristic of a financial asset?
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What distinguishes a certificate of deposit from a savings account?
What distinguishes a certificate of deposit from a savings account?
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Which of the following is necessary for the existence of financial intermediaries?
Which of the following is necessary for the existence of financial intermediaries?
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Why are banks considered financial intermediaries?
Why are banks considered financial intermediaries?
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What is the primary factor on which capital formation depends?
What is the primary factor on which capital formation depends?
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