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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
ACE Want more questions? Visit the student website at http://college.hmco.com/business/student/ (select Gaspar,
Introduction to Business) and take the ACE quizzes for more practice.
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