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Economics - Financial Markets 18 Online
OpenStudy (anonymous):

Check my answers? Medal.

OpenStudy (anonymous):

1. Who would be eligible for a 403(b) account? A salesperson A CEO of a Fortune 500 company [x]A government employee Anyone 2. Commercial banks are funded through which of the following? [x]Customer deposits Stock holders Government funding Services 3. How many government agencies does the United Kingdom have to oversee the financial industry? One Three [x]Five Eleven 4. The FDIC in the United States insures some financial accounts up to what amount? $10,000 $50,000 [x]$100,000 $500,000 5. Web-only financial institutions do not have which of the following? Checking accounts Savings accounts Interest [x]Physical locations 6. An example of a nondepository financial institution is which of the following? Commercial bank Credit union Brokerage firm [x]All of the above 7. Brokerage firms make their profits primarily in which of the following ways? [x]Consumer deposits Government deposits Dividends Fees or commissions on sales or transfers 8. What is the end of the CD account time when the money can be withdrawn? [x]Maturity date End date Completion date Withdrawal date 9. 401k accounts are what type of accounts? Mortgage Bond [x]Retirement Education 10. Mutual fund companies are what type of companies? [x]Mortgage Investment Credit card Insurance 11. 401k accounts are those that are partially funded by employers using a portion of wages before tax. True [x]False 12. All financial institutions offer the same products and services to consumers. [x]True False 13. Check cashing businesses do not require that an individual be an account holder; they will cash any valid check. True [x]False 14. In the United States, all financial institutions are required to conduct business at a physical location only. True [x]False 15. The government provides no oversight of financial institutions in most countries. True [x]False

OpenStudy (anonymous):

@austinL

OpenStudy (rane):

well, your all answers are right apart from the first one 1: A CEO of a Fortune 500 company

OpenStudy (anonymous):

are these all the rights answers what did u get on ur quiz

OpenStudy (anonymous):

and @RANE ur wrong its a government employee

OpenStudy (anonymous):

are these right?

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