1. Why is some knowledge of accounting necessary to succeed in business? Provide examples.
2. Name some of the major stock exchanges where securities are traded. Describe the characteristics of each.
3. Describe the major characteristics of stocks and bonds. How are they similar? How do they differ?
4. Discuss the role of the Federal Reserve System (The Fed) in helping our current economic situation improve. Answer all four essay questions. Your answer to each question should be between 250 and 500 words (or approximately 1-2 pages per question, typed double-spaced).
Be sure to proofread your work carefully for correct spelling, grammar, and clarity of expression. The questions in this assignment require critical thinking. Take the time to determine what you need to include to present a thoughtful, complete response.