Category 1
Over-the-counter traders in the United States are most likely to use the
What is NASDAQ
Automatic teller machines are good for banks because they
What is save money because machines do transactions more cheaply than humans
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
The right to buy or sell stock at a future date for a present price is a(n)
What is option
The difference between savings and investments is that
What is Investments are savings that are put to use
An institution that helps to bring savers, borrowers, and financial assets together is a
What is Financial intermediary
Contingent workers is a term used for
What is temporary workers
An organization of workers that seeks to improve working conditions is called a(n)
What is labor union
What makes credit unions different from other banks
What is membership requirements
One of the advantages of bank mergers is
What is more bank branches
In general, people put money in risky investments because
What is such investments often earn the greatest profits
The reputation of labor unions declined when investigators discovered that some unions
What is had ties with organized crime
Unions limit the operation of
What is market forces
A financial intermediary that pools funds from many investors to purchase a range of financial assets for them is a
What is Mutual fund
One of the biggest advantages of a mutual fund is that
What is allows individuals without a lot fo money to own a variety of financial assets
The wage at which the number of workers needed equals the number of workers available is called
What is equilibrium wage
The Federal Reserve System is
What is Twelve regional banks with a central decision-making board
The main difference between a credit union and a bank is that
Corporations offer investors a share of ownership in the corporation through
What is Money market mutual funds
Fractions reserve banks allow what
What are banks to issue loans based on a reserve requirement set by the Fed
Wildcat banks were banks
What is in remote areas that issued banknotes of questionable value
A system of national banks and the issuing of a national currency were the results of the
What is the National Banking Act of 1863
One example of a loan is a purchase made with
What is a credit card