Which of the following is not a financial instrument?______.
A.Treasury bills
B.Real estate
C.Mortgages
D.Stocks
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Regulation of the money supply and financial markets is referred to as______.
A.fiscal policy
B.monetary policy
C.income policy
D.budgetary policy -
Which of the following assets would not qualify as an international reserve to China?______.
A.U.S. dollars
B.Gold
C.RMB
D.EUR -
The widely followed Dow-Jones Industrial Average is based on______.
A.the stock prices of 500 major U.S. corporations
B.the bond prices of 500 major U.S. corporations
C.a combination of 250 stock prices and 250 bond prices of major U.S. corporations
D.the stock prices of 30 major U.S. corporations -
A rival to the UK oil group was performing better because of its pricing policy.
A.A Right
B.B Wrong
C.C Doesn't say -
See the following diagram: If interest rates rise by 5%, say from 10% to 15%, bank profits (measured using gap analysis) will______.
A.decline by $0.5 million
B.decline by $2.5 million
C.decline by $1.5 million
D.increase by $1.5 million