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Question 21 4 pts Which part of Medicare includes a prescription drug plan? Group of answer...

Question 21 4 pts
Which part of Medicare includes a prescription drug plan?
Group of answer choices

Medicare part C

Medicare part A

Medicare part D

Medicare part B
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Question 22 4 pts
Which of the following is the MOST liquid of all investments?
Group of answer choices

real estate

cash

bonds

certificates of deposit
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Question 23 4 pts
Which of the following is the LEAST liquid of all investments?
Group of answer choices

bonds

real estate

certificates of deposit

cash
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Question 24 4 pts
Bonds sold at a value below par are sold at a ________, and bonds sold at a value above par are sold at a ________.
Group of answer choices

discount; premium

discount; markup

premium; discount

markup; discount

Solutions

Expert Solution

Solution:

Question 21: The answer is

Medicare part D, because it is also called as Medicare Prescription Durg Plan.

Medicare part A covers Hospital Insurance. So, it is not a Prescription Durg Plan

Medicare part B covers Medical Insurance. So, it is not a Prescription Durg Plan

Medicare part C covers Medicare Advantage Plan. So, it is not a Prescription Durg Plan

Question 22: The answer is

Certificates of deposit is the most liquid of all investments because when ever we want we can surrender the deposit certificate and convert it into cash within short span of time, when compared with real estate and bonds.

Real estate is the least liquid of all investments because it takes more time to convert into cash when compared with bonds and deposits. So, it is not correct.

Cash is a Asset, not an investment. So, it is not correct.

Bonds are less liquid when compared with deposits. So, it is not correct.

Question 23: The answer is

Real estate is the least liquid of all investments because it takes more time to convert into cash when compared with bonds and deposits.

Bonds are more liquid when compared with Real Estate. So, it is not correct.

Certificates of deposit is more liquid when compared with Real Estate and Bonds. So, it is not correct.

Cash is a Asset, not an investment. So, it is not correct.

Question 24: The answer is

Discount; Premium. When we sell a product below its par , we call it as Discount. In the same way when we sell a product above its par, we call it as Premium.

Discount; Markup. Markup means adding some more cost to a product. So, it is not correct.

Premium; Discount. Here in this option the answer is reversed. So, it is not correct.

Markup;Discount. Markup means adding some more cost to a product. So, it is not correct.

jeff jeffy answered 1 day ago
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