$2-1$ How does a cont$-$encient copital market help reduce the prices of goods and services?

$2-2$ Describe the different ways in which capital can be transferted from suppliers of capital to those who are demanding capital.

$2-3$ Is an initiat publte offering an example of a primary of a secondary market transaction? Explain.

$2-4$ Indicate whether the following instruments are examples of money market or capital market securities$.$

a$.$ U$.$S$.$ Treasury bilis

b$.$ Long$-$term corporate bonds

c$.$ Common stocks

d$.$ Preferred stocks

e$.$ Dealer commercial paper

$2-5$ What would happen to the U$.$S$.$ standard of living if people lost faith in the safety of the financial institutions? Explain.

$2-6$ What types of changes have financlal markets experienced during the last two decades? Have they been perceived as positive or negative changes?

Explain.