QUESTION 11 The taxing and spending policies of the Federal Government designed to promote national ecomomic goals...

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Finance

QUESTION 11

  1. The taxing and spending policies of the Federal Governmentdesigned to promote national ecomomic goals are known as "fiscalpolicy."

    True

    False

3 points   

QUESTION 12

  1. Most states exempt their own municipal securities from their ownstate and local taxes.

    True

    False

3 points   

QUESTION 13

  1. Firm commitment underwriting is performed by an investment bankthat has guaranteed the issuer a sum of money that will be raisedby an Initial Public Offering

    True

    False

3 points   

QUESTION 14

  1. The Lead Underwriter, in an IPO, prepares the issueing firm'sapplication that is made to the SEC

    True

    False

3 points   

QUESTION 15

  1. Insurance is the business of risk shifting.

    True

    False

3 points   

QUESTION 16

  1. A Treasury security in which the periodic interest payments beenseparated from the principal repayment and sold as a differentsecurity is called

    a T-note

    a T-bond

    a Zero Coupon bond

    a G.O. bond

    a Revenue bond

Answer & Explanation Solved by verified expert
3.9 Ratings (735 Votes)
11 The correct answer is True The policy of the government with regards to its expenditure taxes and income is known as fiscal policy The government every year laid down its plans of income and expenses along with the taxation policy for the people which is known as Fiscal policy in economics terms 12 The correct    See Answer
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Transcribed Image Text

QUESTION 11The taxing and spending policies of the Federal Governmentdesigned to promote national ecomomic goals are known as "fiscalpolicy."TrueFalse3 points   QUESTION 12Most states exempt their own municipal securities from their ownstate and local taxes.TrueFalse3 points   QUESTION 13Firm commitment underwriting is performed by an investment bankthat has guaranteed the issuer a sum of money that will be raisedby an Initial Public OfferingTrueFalse3 points   QUESTION 14The Lead Underwriter, in an IPO, prepares the issueing firm'sapplication that is made to the SECTrueFalse3 points   QUESTION 15Insurance is the business of risk shifting.TrueFalse3 points   QUESTION 16A Treasury security in which the periodic interest payments beenseparated from the principal repayment and sold as a differentsecurity is calleda T-notea T-bonda Zero Coupon bonda G.O. bonda Revenue bond

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