1. Is everybody worse off when interest rates rise? 2. What is the basic activity of banks? 3. Why are financial markets important to the health of the economy? 4. What is the typical relationship...

1. Is everybody worse off when interest rates rise?

2. What is the basic activity of banks?

3. Why are financial markets important to the health of the economy?

4. What is the typical relationship among interest rates on three-month treasury bills, long-term Canada bonds, and long-term corporate bonds?

5. What effect might a fall in stock prices have on business investment?