A) performing financial intermediation, banks are important in that they help create a medium of exchange. B) serving as financial markets, mutual funds are important in that they help create a store of value. C) serving as stores of value, stocks and bonds also serve as media of exchange. D) All of the above are correct. A) performing financial intermediation, banks are important in that they help create a medium of exchange. B) serving as financial markets, mutual funds are important in that they help create a store of value. C) serving as stores of value, stocks and bonds also serve as media of exchange. D) All of the above are correct.

Table 13-2 \[\begin{array} { | l | l | l | l | l | l | l | l | l | } \hline \text { Stack } & \text { Sym } & \text { Yld \% } & \text { P/E } & \text { Val 100s } & \text { Hi } & \text { Lo } & \text { Clase } & \begin{array} { l } \text { Nat } \\ \text { Che. } \end{array} \\ \hline \text { Baeing Ca. } & \text { BA } & 1.55 & 30.48 & 4,531,600 & 64.78 & 63.70 & 64.62 & + .93 \\ \hline \text { Eli Lily and Cu. } & \text { LLY } & 2.60 & 29.71 & 3,765,700 & 58.98 & 58.21 & 58.52 & + .16 \\ \hline \text { H. J. Heinz and Ca. } & \text { HNZ } & 3.30 & 15.33 & 1,350,200 & 36.55 & 36.26 & 36.33 & + .21 \\ \hline \text { Kellog Cu. } & \text { K } & 2.22 & 20.50 & 1,990,600 & 45.72 & 45.20 & 45.50 & + .24 \\ \hline \end{array}\] -Refer to Table 13-2. Which company had the highest dollar dividend?

A) Boeing Co. B) Eli Lilly and Co. C) H. J. Heinz and Co. D) Kellog Co. A) Boeing Co. B) Eli Lilly and Co. C) H. J. Heinz and Co. D) Kellog Co.

Exam 13: Saving, Investment, and the Financial System

Buskin's Corporation has issued 2 million shares of stock. Its earnings were $10 million, of which it retained $6 million. What was the dividend per share?

(Multiple Choice)

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Question 421

At the broadest level, the financial system moves the economy's scarce resources from

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Question 422

If people become less optimistic about the future earnings of Hyde Park Jazz Studio, then the price of the company's stock will fall.

(True/False)

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Question 423

The length of time until a bond matures is called the

(Multiple Choice)

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Question 424

Mallard Corporation had a price-earnings ratio of 15, paid a dividend of $1, and retained earnings of $2 a share. What was the price of a share of Mallard stock?

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Question 425

Figure 13-3. The figure shows two demand-for-loanable-funds curves and two supply-of-loanable-funds curves. -Refer to Figure 13-3. Which of the following movements would be consistent with the government budget going from deficit to surplus and the simultaneous enactment of an investment tax credit?

(Multiple Choice)

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Question 426

Which of the following numbers is not associated with shares of a company's stock?

(Multiple Choice)

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Question 427

ABC Co. sells newly issued bonds. JLG Co. sells newly issued stocks. Which company is raising funds in financial markets?

(Multiple Choice)

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Question 428

In addition to

(Multiple Choice)

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Question 429

Suppose a country has a consumption tax that is similar to a state sales tax. If its government were to eliminate the consumption tax and replace it with an income tax that includes an income tax on interest from savings, what would happen?

(Multiple Choice)

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Question 430

Which of the following expressions must be equal to national saving for a closed economy?

(Multiple Choice)

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Question 431

Other things the same, which bond would you expect to pay the lowest interest rate?

(Multiple Choice)

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Question 432

Which of the following is not correct?

(Multiple Choice)

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Question 433

The prices of stock traded on exchanges are determined by

(Multiple Choice)

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Question 434

Suppose the government changed the tax laws, with the result that people were encouraged to consume more and save less. Using the loanable funds model, a consequence would be

(Multiple Choice)

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Question 435

Which of the following statements about mutual funds is correct?

(Multiple Choice)

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Question 436

Which of the following is correct?

(Multiple Choice)

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Question 437

Scenario 13-2. Assume the following information for an imaginary, closed economy. GDP = $200,000; consumption = $120,000; government purchases = $35,000; and taxes = $25,000. -Refer to Scenario 13-2. Suppose, for this economy, the relationship between the real interest rate, r, and investment, I, is given by the equation I = 69,000 - 3,000r. (If, for example, r = 10, this means that the real interest rate is 10 percent.) The equilibrium real interest rate for this economy is

(Multiple Choice)

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Question 438

Table 13-2 Stack Sym Yld \% P/E Val 100s Hi Lo Clase Nat Che. Baeing Ca. BA 1.55 30.48 4,531,600 64.78 63.70 64.62 +.93 Eli Lily and Cu. LLY 2.60 29.71 3,765,700 58.98 58.21 58.52 +.16 H. J. Heinz and Ca. HNZ 3.30 15.33 1,350,200 36.55 36.26 36.33 +.21 Kellog Cu. K 2.22 20.50 1,990,600 45.72 45.20 45.50 +.24 -Refer to Table 13-2. Which company had the highest dollar dividend?

(Multiple Choice)

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Question 439

Financial intermediaries are

(Multiple Choice)

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Question 440

Showing 421 - 440 of 473

Exam 13: Saving, Investment, and the Financial System

Buskin's Corporation has issued 2 million shares of stock. Its earnings were $10 million, of which it retained $6 million. What was the dividend per share?

At the broadest level, the financial system moves the economy's scarce resources from

If people become less optimistic about the future earnings of Hyde Park Jazz Studio, then the price of the company's stock will fall.

The length of time until a bond matures is called the

Mallard Corporation had a price-earnings ratio of 15, paid a dividend of $1, and retained earnings of $2 a share. What was the price of a share of Mallard stock?

Which of the following numbers is not associated with shares of a company's stock?

ABC Co. sells newly issued bonds. JLG Co. sells newly issued stocks. Which company is raising funds in financial markets?

In addition to

Suppose a country has a consumption tax that is similar to a state sales tax. If its government were to eliminate the consumption tax and replace it with an income tax that includes an income tax on interest from savings, what would happen?

Which of the following expressions must be equal to national saving for a closed economy?

Other things the same, which bond would you expect to pay the lowest interest rate?

Which of the following is not correct?

The prices of stock traded on exchanges are determined by

Suppose the government changed the tax laws, with the result that people were encouraged to consume more and save less. Using the loanable funds model, a consequence would be

Which of the following statements about mutual funds is correct?

Which of the following is correct?

Financial intermediaries are

Ten Principles of Economics

Thinking Like an Economist

Interdependence and the Gains From Trade

The Market Forces of Supply and Demand

Elasticity and Its Application

Supply, Demand, and Government Policies

Consumers, Producers, and the Efficiency of Markets

Application: The Costs of Taxation

Application: International Trade

Measuring a Nations Income

Measuring the Cost of Living

Production and Growth

The Basic Tools of Finance

Unemployment

The Monetary System

Money Growth and Inflation

Open-Economy Macroeconomic Models

A Macroeconomic Theory of the Open Economy

Aggregate Demand and Aggregate Supply

The Influence of Monetary and Fiscal Policy on Aggregate Demand

The Short-Run Trade-Off Between Inflation and Unemployment

Six Debates Over Macroeconomic Policy

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