Question 17 (5 points) In reaction to the then developing 2007-2009 financial crisis, short-term interest rates sharply and were than -- percent by October, 2008. rose, more, 10 declined, less, 0.5 declined, less, 20 declined, more, 6. Question 18 (5 points) Saved individual savings Question 2 (5 points) Saved Which of the following statements is false? The process of channeling savings into investment through the use of a financial institution or intermediary results in the creation of one type of financial asset and one type of financial liability. During the early years of the history of the United States, foreigners purchased significant volumes of federal government securities. The single most important use of funds raised in the credit markets is by the household sector. The U.S. government borrows more than state and local governments combined. W S Question 3 (5 points) X Which of the following statements is false? LUITIUILU. Question 3 (5 points) Which of the following statements is false? After the Civil War, the United States was able to generate sufficient capital to finance its expansion. Gross savings are the profits remaining after tax, and in the case of corporations, after the payment of cash dividends to stockholders. Factors affecting the amount of savings include: levels of income, economic expectations, cyclical influences, and the life stage of the individual saver. Voluntary savings are financial assets set aside for use in the future. VUV Question 45 points) Question 4 (5 points) Which of the following statements is false? 5 During the early years of the history of the United States, foreigners purchased significant volumes of federal government securities. Consumer mortgages can be fixed rate or adjustable rate. 2 Most funds raised in the credit sector are by households. P The process of channeling savings into investment through the use of a financial institution or intermediary results in no real economic value Question 5 (5 points) the 2007 9