Econ 304 Quiz

Front 1

a bond that is bought at a price below its face value and the face value is reapid at a maturity date is called

Back 1

discount bond

Front 2

the price of a consol equals the coupon payment

Back 2

divided by the interest rate

Front 3

which factor will casue the demand for all asets to increase when it increases, everything else held constant

Back 3

wealth

Front 4

an increase in an asset's expected return relative to that of an alternative asset, holding everythign else constant, ______ the quantity demanded of the asset

Back 4

increases

Front 5

you would be more willing to buy at&t bonds if

Back 5

the brokerage commissions on bond sales becomes cheaper

Front 6

when the price level ____, the demand curve for money shifts to the _____ and the interest rate ______

Back 6

falls, left, falls

Front 7

banks loans from the federal reserve are called ____ and represent a ___ of funds to the commercial bank

Back 7

discount loans, source

Front 8

the legislation that separated investment banking from commerical banking until its repeal in 1999 is known as the

Back 8

glass-steagell act

Front 9

state banks that are instured but not members of the fed system are most likely to be examined by

Back 9

FDIC