Depository institutions such as thrifts includes
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A. to prevent corruption
B. to promote fiscal responsibility and accountability
C. to address inequalities in income distribution
D. to correct market failures and imperfections
Answer: A
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A. all financial assets
B. all real assets
C. all financial assets and real assets
D. all physical assets
Answer: B
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A. there must be a valid a subsisting debt
B. the debt must be connected with tax payer's trade or business
C. the debt must partially charged-off with in the taxable year
D. the debt must be actually worthless
Answer: C
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A. reduces interest rate risk
B. increases reinvestment risk
C. increases exchange rate risk
D. increases the probity of gains
Answer: A
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A. financial myopia
B. high longevity risk
C. long longevity risk
D. large family
Answer: B
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A. Moral hazard
B. Random fluctuation
C. The law of large numbers
D. Positively correlated risks
Answer: B
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