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1

Economics

1.The liquidity premium for a long term bond is included to account for

A. taxes

 

B. default risk

 

C. CAMELS ratings

 

D. interest rate risk


2.A change in the discount rate causes a shift in the

A. demand for reserves.

 

B. supply of reserves

 

C. both of the above

 

D. neither of the above


3.The economist most associated with monetarism is

A. Milton Friedman

 

B. Ben Bernanke

 

C. John Maynard Keynes

 

D. Taylor Swift


4.The Great Inflation occurred in the

A. 1960s

 

B. 1970s

 

C. 1980s

 

D. 1990s


5.Lehman brothers was an example of an

A. investment bank

 

B. commercial bank

 

C. insurance company

 

D. None of the above

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