1. What is an asset and what are the three main ways of classifying assets?

2. How do real assets, intangible assets, and financial assets differ from each other?

3. What are demand deposits and what types of accounts fall into this category?

4. How do money market accounts and certificates of deposit differ from regular savings accounts?

5. What are stocks, bonds, and mutual funds, and how does each function as a financial asset?

1. What does liquidity mean and how does it relate to return on investment?

2. What are securities and why are they considered liquid assets?

3. What types of investments are included in securities and how do they differ?

4. Why are real assets and most intangible assets considered nonliquid?

1. What is financial risk and what entities can face it?

2. What is credit risk and what losses do investors experience when a borrower defaults?

3. How do liquidity risk and speculative risk differ in terms of how they affect investments?

4. What are the main types of risks associated with foreign investment?

5. How does FDIC insurance protect bank account holders and what is the coverage limit?

1. What is a bond and what does the maturity date represent?

2. What is the relationship between prevailing market interest rates and bond values?

1. What is interest and how do banks profit from the difference between deposit and loan rates?

2. What is a coupon rate and how is a bond's interest rate determined at issuance?

1. What factors affect the rate of interest earned on a savings account?

2. How does the return from holding a bond to maturity differ from purchasing a previously issued bond on the secondary market?

3. What is yield to maturity and how does it relate to changes in market interest rates?

1. What is the time value of money and why is a dollar today worth more than a dollar in the future?

2. What is the opportunity cost of holding money and how does it relate to interest rates?

3. Based on 2009-2019 data, how did returns from savings accounts, CDs, Treasury bonds, corporate bonds, and stocks compare to inflation?