FIN 370 Final Exam # 54 Questions with ANSWERS # THE NEW EXAM!!! # 1st Set # BUY THIS ONE #.doc

Feb 3rd, 2012
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1) The largest source of household income in the U.S. is obtained fromA. stock dividendsB. wages and salariesC. interest earningsD. rental income2) The market where business sell goods and services to households and the government is called theA. goods marketB. factor marketC. capital marketD. money market3) Real gross domestic product is best defined asA. the market value of intermediate goods and services produced in an economy, including exportsB. all goods and services produced in an economy, stated in the prices of a given year and multiplied by quantityC. the market value of all final goods and services produced in an economy, stated in the prices of a given yearD. the market value of goods and services produced in an economy, stated in current-year prices4) Underemployment includes people A. who work "off-the-books" to avoid tax liabilitiesB. who are working part time, or not using all their skills at a full-time jobC. who are tired of looking for a job, so they quit looking, but still want oneD. whose skills are not in demand anymore5) The Bureau of Economic Analysis is responsible for which of the following?A. Setting interest ratesB. Managing the money supplyC. Calculating U.S. gross domestic product]D. Paying unemployment benefits6) The Federal Reserve provides which of the following data?A. Federal funds rateB. Stock price of GEC. Bond yields of corpora

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