[单选题] Which proposal for insuring that sufficient funds will be available to provide Social Security benefits to future retirees does the AARP find least objectionable?
A. Raise the maximum income cap on which workers and employers are taxed.
B. Provide more generous annual cost of living increases.
C. Privatize Social Security.
D. Lower immigration restrictions to increase the number of workers paying into the Social Security system.

[单选题] Which of the following is not a proposal to deal with abuses in the mutual fund industry?
A. Strictly enforce the 4:00 pm net asset value rule.
B. Make redemption fees mandatory.
C. Disclose compensation arrangements for investment advisers.
D. Increase the number of dependent directors.

[单选题] Which of the following is not a proposal for insuring that sufficient funds will be available to provide Social Security benefits to future retirees?
A. Raise the maximum income cap on which workers and employers are taxed.
B. Provide more generous annual cost of living increases.
C. Raise the minimum age for receiving benefits.
D. Reduce the amount of future benefits.

[单选题] The proposal has ( ) a lot of interest.
A.returned
B.thought
C.generated
D.considered

[单选题]The ____ the proposal is considered, the worse it appears.
A.carefully
B.much carefully
C.most carefully
D.more carefully

[单选题]Which one of following is the rate at which a stock's price is expected to appreciate?
A. Current yield
B. Total return
C. Dividend yield
D. Capital gains yield
E. Coupon rate
Difficulty: 1 Easy
Topic: Stock dividends
Learning Objective: 08-01 Explain how stock prices depend on future dividends and dividend growth.

[单选题] Which business device involves the creation of a new business by two or more companies, often for a limited period of time?
A. Multinational enterprise
B. International joint venture
C. Horizontal merger
D. Vertical merger

[单选题] Which of the following statements about the real poet is NOT true? ( )
A. He is no more than a master of words.
B. He can convey his ideas in words which sing like music.
C. He can move men to tears.
D. His style is always charming.

[单选题] Which of the following are secondary markets?
A. The New York Stock Exchange
B. The U.S. government bond market
C. The over-the-counter stock market
D. The options markets
E. All of the above

[单选题] Which of the following protects the mortgage lender's right to sell property if the underlying loan defaults?
A. A lien
B. A down payment
C. Private mortgage insurance
D. Borrower qualification
E. Amortization

[单选题] Which of the following statements about private placements are true?
A. Private placements are more common for the sale of bonds than for stocks.
B. Investment bankers, though not required for a private placement, often facilitate the transaction.
C. Investment bankers help the issuing firm file the paperwork required by the SEC.
D. All of the above are true.
E. Only A and B of the above are true.

[单选题] Which of the following statements about venture capital funding is not correct?
A. Exiting an investment can occur through an initial public offering or by merger or acquisition.
B. Venture capital investing is highly risky.
C. Venture capital firms may focus on a limited geographic area or on specific industries to facilitate monitoring their investments.
D. Firms hope to exit a start-up firm in 3-5 years.

[多选题]Which statements about diplomatic methods of dispute settlement are correct?
A. Good offices involves the participation of a third party which performs a role of providing a channel for communication or helping establish direct contacts between the contending parties.
B. The third party in the case of mediation will actively take part in the negotiations between the parties in dispute by offering advice or proposals for the settlement of dispute.
C. When divergent opinions on factual matters emerge between the parties involved the diplomatic method of inquiry is used to ascertain the fact.
D. Conciliation involves a third party investigation of the basis of the dispute and presentation of proposals for a solution, but the conciliation reports do not provide binding decisions.

[多选题]Which statements regarding the enforcement of international law are correct?
A. States may choose various methods to enjoy their rights and enforce their obligations.
B. There is no uniform law enforcement machinery.
C. States may take self-help measures through diplomatic means.
D. States may use force in self-defense.

[多选题]Which statements about the Liability Convention are correct?
A. The Convention provides for the peaceful exploration and use of the moon and other celestial bodies.
B. The Convention sets out the legal framework for the provision of emergency assistance to astronauts.
C. The Convention deals with the responsibility for the damage caused by space objects of a contracting state to the treaty to other parties.
D. The Convention provides that the payment of compensation for the damage is required in accordance with international law.

[多选题]Which statements about the unauthorized aerial intrusion are correct?
A. Every state should respect the territorial sovereignty, including the sovereignty of the airspace of any other state.
B. The unauthorized aerial intrusion of a state’s territory is considered as directly infringing the territorial sovereignty of that state.
C. International law recognizes the use of force by the intruded state against the intruding aircraft without warning.
D. The intruded state has the right to require a civilian airplane to land at a designated airport if it is flying over its territory without authority.

[多选题]Which statements about the Exclusive Economic Zone are correct?
A. The EEZ is an area beyond and adjacent to the territorial sea and is subject to the special legal regime established under the UNCLOS1982.
B. The coastal state must expressly claim the right of the EEZ.
C. The EEZ can extend to a maximum up to 200 nautical miles from the baseline.
D. The coastal state acts as a guardian rather than an owner of the natural resources of the EEZ.

[多选题]Which statements about the international seabed are correct?
A. The international seabed refers to the area of the seabed beyond the continental shelf.
B. The international seabed and its resources are the common heritage of mankind.
C. The international seabed and its resources are not subject to appropriation of any single state.
D. There is an international regime governing the exploration and exploitation in the international seabeD

[单选题]Which one of the following statements concerning interest rates is correct?
A. Savers would prefer annual compounding over monthly compounding given the same annual percentage rate.
B. The effective annual rate decreases as the number of compounding periods per year increases.
C. The effective annual rate equals the annual percentage rate when interest is compounded annually.
D. Borrowers would prefer monthly compounding over annual compounding given the same annual percentage rate.
E. For any positive rate of interest, the annual percentage rate will always exceed the effective annual rate.
Difficulty: 1 Easy
Topic: Interest rates
Learning Objective: 06-04 Show how interest rates are quoted (and misquoted..