Answers Graded A+ Latest Update 2025
Which financial institution specializes in managing and administering retirement
funds?
Investment banks
Mutual funds
Pension funds
Private equity --- correct answer ---Pension funds
Which type of economic indicator is the consumer price index?
Leading indicator
Coincident indicator
Forecasting indicator
Lagging indicator --- correct answer ---Lagging indicator
,What does the term ethical refer to?
The accepted standards of conduct that guide a person's behavior
An idea or thing used as a measure, norm, or model in comparative evaluations
One's beliefs about right and wrong, good and bad, or just and unjust
Following the laws and rules set by an authority --- correct answer ---The accepted
standards of conduct that guide a person's behavior
A company's officers and board of directors are selling their stocks in the firm at
higher prices due to false accounting reports that made the stock seem more
valuable than it truly was. Which ethical issue is occurring in this situation?
Conflict between work and personal affairs
Maximizing shareholder value
Pursuing individual interest over client interests
Agency problem due to conflicting interests --- correct answer ---Agency problem
due to conflicting interests
, Which type of interest rate includes interest on interest in addition to interest on
the principal?
Simple interest
Compound interest
Yield to maturity
Nominal interest rate --- correct answer ---Compound interest
What is the rate at which the average price level of particular goods and services in
an economy increases over a period of time?
Opportunity cost
Inflation rate
Real rate
Nominal rate --- correct answer ---Inflation rate