Financial markets and institutions

_______ a network of savers, investors, financial assets, and financial institutions that work together to transfer savings to investment uses

• secondary market

• primary market

• financial system

• capital market

Institutions such as banks that collect funds from savers that can be loaned to borrowers are known as

• financial intermediaries

• financial assets

• dividends

• Credit Unions

A person who buys or sells equities for his or her clients is a

• Insurance agent

• financial advisor

• stockbroker

• accountant

_______ a market in which financial capital is loaned and/or borrowed for at least one year

• primary market

• secondary market

• financial system

• capital market

What is the main advantage of a mutual fund for an investor?

• Its price doesn't change much.

• It offers diversity in investment.

• It has a set maturity date.

• It can be sold at a profit.

Banks provide which of the following EXCEPT

• debit cards

• loans

• check writing services

• government subsidies

It accepts deposits from individuals and organizations that have excess funds and provide loans to those who are in need. This financial institution is called _______.

• investment banks

• commercial banks

• credit unions

• insurance companies

One of the financial institutions that operates by collecting premiums from clients is called ____________ .

• brokerage

• credit union

• investment banks

• insurance companies

Which is term of where buyers and sellers of securities meet in one central location to conduct trades? 

• Over the counter
• Exchange 
• Transactions 
• Barter system

Which of the following is not capital market instruments? 

• Commercial paper
• Stocks
• Corporate bonds
• Mortgage