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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