Liquidity risk is defined as the risk of

A) having to trade a security in a broad market.
B) not being able to sell an investment conveniently and at a reasonable price.
C) having inflation erode the purchasing power of your investment.
D) having declining price levels affect the reinvestment rate of your current income stream.


Answer: B

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Jasmine notices that every time she hears an inaccurate news story, it is published by the political party with which she disagrees. Jasmine is likely guilty of which of the following perceptual errors?

A. stereotypes B. primary effect C. halo effect D. selective attention

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Which of the following statements is true of job satisfaction?

A. There is a positive correlation between job satisfaction and job security. B. There is a negative correlation between job satisfaction and employee engagement. C. There is a positive correlation between job satisfaction and on-the-job stress. D. There is a negative correlation between job satisfaction and relationships with coworkers.

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One of the main tenets of the new public service is:

A) Serve rather than steer B) Steer rather than drive C) Lead rather than follow D) Public interest is the by-product of the ultimate aim

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People ignore messages that do not interest them. This is called

a. cognitive dissonance b. selective attention c. assimilation/contrast d. perceptual distortion e. consequence aversion

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