Finance Questions. Answer all 4 multiple choice questions

1. The money that flows through an economy flows between 3 groups. Choose ALL correct answers. They are: Households/Consumers Investors/Savers Government Businesses Banks/Financial Institutions Federal Reserve 2. What area of Finance is concerned with helping individuals prepare for retirement? Personal Finance Corporate Finance Public Finance Risk Management 3. Lana applied for a mortgage so that she could purchase a coop apartment in Queens Village. After sending in her tax returns, pay stubs, bank statements, and a copy of her license, her application was rejected. What Core Principle of Money and Banking applies to this example? Time Has Value Risk Requires Compensation Information is the basis for decision making Markets Set Pricing & Allocate Resources 4. Finance is a very broad field, however the purpose of finance is: to find low cost opportunities for investors to help them increase wealth to provide capital that employs scarce resources to their most efficient use that helps maximizes growth to provide capital to those who need it All of these are correct