XxXprincessXxX asked:


you dont have to give me answers, just explain and help me eliminate answers. PLEAE HELP ME 10 PTS FOR FIRST ANSWER THATS NOT STUPID!!!!!!!!!!!!!!!

1. Which of the following is an example of the barter system? (1 point)
Instead of paying rent, you clean the house for the owner.
Instead of paying cash for a computer, you use a credit card.
Instead of paying the full amount for a car, you pay 10 percent in cash and pay for the rest in monthly installments.
Instead of paying for a purchase in Mexico in pesos, you use dollars from the United States.
2. What is the purpose of the Federal Deposit Insurance Corporation (FDIC)? (1 point)
to make sure that banks do not fail
to make sure that customers do not lose money if a bank fails
to make sure that banks charge a fair amount of interest on loans
to make sure that the government has enough gold to cover its expenses
3. What did the Federalists believe about banking? (1 point)
They believed that they banking system already in existence was sufficient.
They believed an international banking system would be best.
They believed that a centralized banking system was necessary.
They believed that state governments should own and run the nation’s banks.
4. What is a mortgage used to purchase? (1 point)
car
real estate
college tuition
business expenses
5. Why is using coins as money easier than using gold bars? (1 point)
coins are more durable
coins are more portable
coins are more uniform
coins are more limited in supply
6. What happens when you make a purchase using a credit card? (1 point)
The credit card issuer pays the store.
The money is immediately deducted from your account.
The amount of the purchase is deducted from a prepaid account.
The place where you made the purchase receives the money within 24 hours.
7. What is the largest source of income for banks? (1 point)
the interest they receive from loans
fees charged to customers for accounts
money deposited in savings accounts
special accounts such as NOW accounts
8. When you pay for a new CD with a debit card, you authorize the transfer of money from your account to the music store’s account. In other words, a payment by debit card is the electronic form of a payment by
(1 point)
money order.
credit card.
check.
cashier’s check.
9. Which of the following statements is true?
(1 point)
Money is a medium of exchange.
Money is a unit of account.
Money serves as a store of value.
all of the above
10. In the 1990s, the Russian people lost confidence in the value of the ruble, and many were no longer willing to sell goods and services in exchange for Russian currency. Which characteristic of money did the Russian currency lack? (1 point)
acceptability
uniformity
limited supply
durability
11. The main advantage of diversification as an investment policy is that it (1 point)
reduces risk to investors.
increases investors’ access to their money.
offsets the effects of inflation on investments.
guarantees a fixed rate of return on an investment.
12. An accurate statement about bonds would be that (1 point)
they insured by the FDIC.
they are generally held for 3 or 6 months.
they are usually a low-risk investment.
they entitle the holder to a share of ownership in a corporation.
13. An example of equity is
(1 point)
a treasury bond.
a share of stock.
a treasury bill.
a long-term certificate of deposit.
14. All of the following are low-risk investments EXCEPT (1 point)
junk bonds.
treasury bonds.
municipal bonds.
savings bonds.
15. A stock that reinvests its earnings in the business instead of paying regular dividends is called (1 point)
an income stock.
a common stock.
preferred stock.
a growth stock.
16. In June, Leslie wins a cash prize of $2,000. She plans to use this money to pay her tuition bill in September. Leslie puts this money in a savings account because her main priority is (1 point)
receiving the maximum amount of interest possible.
taking a risk in hopes that she’ll get a high return.
liquidity, since she’ll need to use the money in a short time.
making a safe long term investment.
17. Against your better judgement, you lend $100 to your cousin Manny, who has a reputation for failing to pay back loans. You are taking a (1 point)
liquidity risk.
time risk.
inflamtion rate rate risk.
credit risk.
18. Since bonds are considered among the safest investments, you would expect that they would (1 point)
mature quickly.
have high interest rates.
take a long time to mature.
have low interest rates.
19. The Great Crash can be attributed to all of the following reasons EXCEPT (1 point)
many people had gone into debt buying consumer items on credit.
the practice of making high-risk investments with borrowed money.
the small number of people buying stock on margin.
a relatively few companies and families held much of the nation’s wealth.
20. You are a financial ad

mexico mortgages

Jill asked:


America needs a federal program that protects homeowners, especially in a state where the mortgage crisis and ensuing broader financial crisis hit harder than in other places, U.S. Sen. John McCain said Thursday.

Last fall, when the economic ripples from failed mortgage lenders were spreading across the nation, McCain and others suggested the government step in and buy mortgages to allow homeowners to sidestep expensive loans, he said.

McCain called for a guest worker program to stem the flow of illegal immigrants from Mexico http://www.tucsoncitizen.com/ss/border/114551.php

mexico mortgage companies

mcgrawm7 asked:


Wells Fargo will give loans and accounts to illegals. So, in turn, they can purchase homes and automobiles. Since they are illegals, why were they not arrested when they were protesting? They do not have the same constitional rights we do, after all they are not Americans. Why are they always saying that they can vote. Last I knew they couldn’t. But, if they can not vote, then why are the ballots in New Mexico printed in English and Spanish?
Teggeras-in regards to the Constition, it was not because of the bank accounts. It was in reference to them protesting and stating that they can vote. Pay attention!
beta 4689- read the following link:

http://www.embargowellsfargo.com/

mortgage for mexico

Douglas V asked:


Unfortunately I am of Mexican descent and I would like some tips on how to be more white so I can open up more opportunities for myself. I am almost white but that damm taco heritage is still evident slightly in some of my facial features. A lot of people on here keep saying to be proud of my heritage, that Mexicans were good at math, etc. But who really cares and what is there to be proud of? Does Mexico make an automobile? No. does it create anything purposeful in today’s society no? The culture is dirty and has no class whatsoever. Have you ever been to an Italian restaurant? A French restaurant? Notice their food and etiquette is much more civil and advanced? I mean let’s face it. We all know that if you’re white you stand to get better opportunities; you also have a better likelihood of being given loans, or even being trusted.

What’s so great about Mexican culture anyway? Italians, Irish, and other immigrants, even Chinese are far more superior, they assimilate and become part of this country. Even Middle Easterners adapt but Mexicans??? Well you can see for yourself on the news. I don’t see anything positive about Mexico or being Mexican. Other cultures build beautiful buildings cathedrals etc with a lot of craftsmanship. Even today white people make better houses. Have you ever seen something built by a Mexican? There is always some defect, its unleveled, half a$$ed and just shy of looking really complete. Yes a lot of Mexicans may be building the homes, but if it wasn’t for some white guy telling them what to do, who knows what it would look like.

I just want some feedback from the white community on how I can be more white so I don’t get labeled and have a better chance at life.
And for those of you who are Mexican with all your Mexican pride please dont say “we built the pyramids” because even those are ugly looking. I mean what purpose did they serve? throwing chopped head down a bunch of stairs from the top? Seems pretty stupid doesnt it? hence my point. And dont even mentioned Ceaser Chavez and all that. What good is it? farm workers are still getting screwed, and the white man is still on top. I just want to be part of a winning team thats all.

mortgage loans in mexico

Chuck asked:


He loans money to people who OWN a house or piece of land in MEXICO who are financially cash strapped. He was explaining to me that he loans them the money up to 35% interest and usually loans them more than he believes they could pay back with a secure lien on the land title, but less than the property is worth (So he can extract his profit) The home/land owners are uaully unable to repay the debt and he forecloses and takes the house, resells it on the market and makes a tidy profit. There is some remodeling involved because most of the homes are in terrible condition.. He calls it “Flip that house” He has shown me the books he keeps and he is making over $100K ONLY on this business alone!! He wants me to help remodel and prepare the home and deal with the locals there since I speak spanish fluently. He has also come up with another idea for loaning money on Credit Cards (CC) the interest would be high as well on them..Any input on this? Is it a good way to make a quick buck?

mexico home mortgage