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Test Bank Money, Banking and Financial Markets 5th Edition By Stephen Cecchetti A+

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Chapter 01

 

An Introduction to Money and the Financial System

 

Multiple-Choice Questions

 

 

 

1. Identify which item is not one of the six parts of the financial system. a. Financial markets

 

b. Central banks c. Credit cards

 

d. Financial institutions

 

Ans: C

 

Difficulty: 01 Easy

 

Learning Objective: 01-01

 

AACSB: Reflective Thinking

 

Blooms: Remember

 

Topic: The Six Parts of the Financial System

 

 

 

 

 

2. Identify which item is not one of the six parts of the financial system. a. Financial instruments

 

b. Central banks c. Credit cards

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