1.An illiquid financial asset is one that can easily be used to buy goods and services. _________ (True/False) 2. Creation of _________ following the Great Depression has greatly reduced the...

1.An illiquid financial asset is one that can easily be used to buy goods and services. _________ (True/False)

2. Creation of _________ following the Great Depression has greatly reduced the likelihood of runs on banks today.

3. Securitization refers to investors withdrawing funds from a bank they believe would fail. _________ (True/ False)

4.If a financial intermediary buys loans from a mortgage company and then packages them to sell in the financial markets, this is known as _________.