Question 1 (1 point) Which type of IRA uses after-tax money contributions, but h

Question

Question 1 (1 point)

Which type of IRA uses after-tax money contributions, but has no tax upon withdrawal?

Question 1 options:

a)

b)

c)

d)

Question 2 (1 point)

A bond's price and yield:

Question 2 options:

a)

b)

c)

d)

Question 3 (1 point)

Cash is counted in the money supply as a part of:

Question 3 options:

a)

b)

c)

d)

Question 4 (1 point)

Which statement is NOT true about Social Security?

Question 4 options:

a)

b)

c)

d)

Question 5 (1 point)

The supply curve for loanable funds represents _____ and is _____.

Question 5 options:

a)

b)

c)

d)

Question 6 (1 point)

Which source of short-term borrowing charges the highest average interest rates on unpaid balances?

Question 6 options:

a)

b)

c)

d)

Question 7 (1 point)

As the real interest rate falls:

Question 7 options:

a)

b)

c)

d)

Question 8 (1 point)

Barter as a system tends to work only:

Question 8 options:

a)

b)

c)

d)

Question 9 (1 point)

According to the trade-off between risk and return, which asset would likely have the highest average return on investment over a 20-year period?

Question 9 options:

a)

b)

c)

d)

Question 10 (1 point)

When investors wish to increase their investment activities by using the market for loanable funds:

Question 10 options:

a)

b)

c)

d)

Question 11 (1 point)

Barter:

Question 11 options:

a)

b)

c)

d)

Question 12 (1 point)

What are the primary functions of money?

Question 12 options:

a)

b)

c)

d)

Question 13 (1 point)

M1 is the most _____ of all assets because as a medium of exchange, it requires no conversion.

Question 13 options:

a)

b)

c)

d)

Question 14 (1 point)

Checking account balances are:

Question 14 options:

a)

b)

c)

d)

a)

traditional IRA

b)

Roth IRA

c)

both traditional IRA and Roth IRA

d)

neither traditional IRA nor Roth IRA

Explanation / Answer

First question is answered below

1.

Correct option: Roth IRA

Reason: The traditional IRA has a lot of restrictions on withdrawals but the Roth IRA is more flexible.

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