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CHAPTER 14   Understanding the Financial System, Money, and Banking   517


                         8. Which of the following is not a final        10. A pension plan that pays out a specified
                           economic goal of monetary policy?                 amount of monthly pay to an employee on
                           a. Productivity                                   his or her retirement is a
                           b. Employment                                     a. defined contribution plan.
                           c. Stable prices                                  b. defined benefit plan.
                           d. International trade                            c. term plan.
                           e. Bank credit                                    d. life insurance plan.
                         9. Which of the following is not a depository       e. premium plan.
                           institution?
                           a. Commercial banks
                           b. Savings and loan associations
                           c. Investment companies
                           d. Mutual savings banks
                           e. Credit unions



                   self-test
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