FIN 364 DeVry Week 1 Homework
FIN 364 DeVry Week 1 Homework FIN364 FIN 364 DeVry Week 1 Homework FIN 364 DeVry Week 1 Homework 1. Question : (TCO 1) An SSU's o income and expenditures for the period are equal. o income for the period exceeds expenditures. o expenditures for the period exceed receipts. o spending is entirely financed by credit cards. Question 2. Question : (TCO 1) An efficient financial system o eliminates search and transactions costs. o is a mere theoretical possibility. o promotes economic growth and social progress. o depends on high volumes of "direct" transactions. Question 3. Question : (TCO 1) Which of the following are economic units?
Content
FIN 364 DeVry Week 1 Homework
FIN364
FIN 364 DeVry Week 1 Homework
FIN 364 DeVry Week 1 Homework
1. Question : (TCO 1) An SSU's
o income and expenditures for the period are equal.
o income for the period exceeds expenditures.
o expenditures for the period exceed receipts.
o spending is entirely financed by credit cards.
Question 2. Question : (TCO 1) An efficient financial system
o eliminates search and transactions costs.
o is a mere theoretical possibility.
o promotes economic growth and social progress.
o depends on high volumes of "direct" transactions.
Question 3. Question : (TCO 1) Which of the following are economic units?
