Financial Instruments with High Information Costs

question 91

Multiple Choice

Financial instruments with high information costs

• A)will usually be more liquid than similar instruments with low information costs.
• B)will have lower yields than U.S. Treasury securities.
• C)may not be offered for sale in some states.
• D)will have lower prices than similar instruments with low information costs.

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Definitions:

Job Satisfaction

This entails the degree of pleasure or positive emotional state resulting from the appraisal of one's job or job experiences.

Techno-ambiguity

The uncertainty and lack of clarity experienced by individuals when dealing with technology in the workplace or in everyday life.

Techno-overload

The stress or pressure felt by individuals due to the overwhelming amount of technology they are required to interact with or manage.

Internal Locus

The belief that one controls their own destiny and outcomes are a result of personal effort rather than external forces.