Questions from Personal Finance


Q: What is monetary policy? What organization controls monetary policy in the

What is monetary policy? What organization controls monetary policy in the United States?

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Q: Briefly discuss conditions that can cause a shift in the demand for

Briefly discuss conditions that can cause a shift in the demand for funds and a change in the interest rate.

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Q: Explain why a weak economy may cause the risk premium to rise

Explain why a weak economy may cause the risk premium to rise.

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Q: Why is a high-risk premium an advantage for the investor

Why is a high-risk premium an advantage for the investor? Why is a low-risk premium an advantage for an investor?

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Q: Why is it important to reconcile your account balance every month?

Why is it important to reconcile your account balance every month?

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Q: What is check float? How has check float changed due to

What is check float? How has check float changed due to electronic banking?

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Q: What is the difference between a cashier’s check and a money order

What is the difference between a cashier’s check and a money order?

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Q: List the advantages of paying your bills online.

List the advantages of paying your bills online.

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Q: What is the risk premium of Metallica Financial Company’s 2-year

What is the risk premium of Metallica Financial Company’s 2-year interest rate of 12% given your local FDIC-insured bank only offers a 5% return for 2-year CDs? Why is Metallica offering a higher inte...

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Q: What is a financial conglomerate? List some services financial conglomerates provide

What is a financial conglomerate? List some services financial conglomerates provide. Give some examples of financial conglomerates.

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