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Thread: MGT411 Money & Banking mid term solve paper april spring 2011

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    Icon16 MGT411 Money & Banking mid term solve paper april spring 2011

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    full solve paper in attachment
    Question # 1 of 15 ( Start time: 10:49:40 AM ) Total Marks: 1
    Core principles of Money and Banking include each of the following except?
    Select correct option:
    People act rationally
    Time has value
    Information is the basis for decisions
    Risk requires compensation
    Question # 2 of 15 ( Start time: 10:50:04 AM ) Total Marks: 1
    Which of the following best describes checks?
    Select correct option:
    A means of payment
    Money
    Not a promise of any kind
    Not acceptable by the U.S. Government for payment of taxes.
    Question # 3 of 15 ( Start time: 10:50:32 AM ) Total Marks: 1
    Which of the variable measured in point of time?
    Select correct option:
    Flow variable
    Stock variable
    Both flow variable and stock variable
    None of above
    Question # 4 of 15 ( Start time: 10:51:02 AM ) Total Marks: 1
    Economic development measured by
    Select correct option:
    Real GDP/population
    Real GDP/ nominal GDP
    Real GDP/Real GNP
    None of above


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