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Course 337
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Which money characteristic is described in the example? -The US expect money to be accepted domestically and internationally
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Specialize in raising money for governments and corporations by issuing securities such as stocks or bonds. People buying a company's securities are buying into a portion of a company and its earnings or income.
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objects that have value in themselves and that are also used as money
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Which term DOESN’t belong to financial instruments?
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Refers to moving a cash amount from one account to another.
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The economic function of financial intermediaries that transforms more risky assets into less risky ones is called ________.
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bank that can lend to other banks in times of need
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The objective of a ________ is to earn a positive spread between the assets it invests in (what it has sold the money for) and the costs of its funds (what it has purchased the money for).
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Which money function is described in the example? - You might have money saved in a bank account or 'piggy bank' which you can then use to buy goods and services in the future.
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We tried ______ the window, but it was so hot outside it didn't help.
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