Category 1
The right to buy or sell stock at a future date for a present prices is a(n)
What is option
What is the advantage of a bank merger?
More bank branches
Stock prices are determined by
What is the market forces of supply and demand
The practice of contracting with an outside company to provide goods or services is called
What is outsourcing
The practice of working in a location other than the traditional office is called
What is telecommuting
Over-the-counter traders in the United States are most likely to use the
What is NASDAQ
ATMs are good for banks because they
What is save money because machines do transactions more cheaply than humans
In general, people put money in risky investments because
What is such investments often earn the greatest profits
An organization of workers that seeks to improve working conditions is called a(n)
What is Labor union
The wage at which the number of workers needed equals the number of workers available is called
What is equilibrium wage
What makes credit unions different from other banks
What is membership requirements
The difference between savings and investments is that
What is investments are savings that are put to use
One of the biggest advantages of a mutual fund is that it
Allows individuals without a lot of money to own a variety of financial assets
The reputation of labor unions declined when investigators discovered that some unions
What is had ties with organized crime
workers with higher amounts of human capital tend to
What is earn higher wages
A financial intermediary that pools funds from many investors to purchase a range of financial assets for them is a
What is mutual fund
An institution that helps to bring savers, borrowers, and financial assets together is a
What is a financial intermediary
Contingent workers is a term used for
What is temporary workers
Unions limit the operation of
What is market forces
Since the 1950s, the percentage of the U.S. labor force working in manufacturing has
What is declined by a large amount
Corporations offer investors a share of ownership in the corporation through
What is Money market mutual funds
Fractional reserve banking allows banks to...
What is issue loans based on a reserve requirement set by the Fed
The first bank of the United States was created by
Who is Alexander Hamilton
Wildcat banks were banks
A system of national banks and the issuing of a national currency were the results of the
What is National banking act of 1863