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The majority of mutual fund shares are held by institutional investors.  

A) True  
B) False

United States government-sponsored enterprises, created by Congress, are responsible today for more than three quarters of the residential mortgage loans in the United States.  

A) True  
B) False

Regulatory cooperation has resulted in financial institutions headquartered in different countries being subject to the same regulatory rules.  

A) True  
B) False

Loans made by consumer finance companies are considered to be less risky than consumer installment loans granted by other financial institutions such as banks and credit unions.  

A) True  
B) False

Loans made to life insurance policyholders represent a relatively stable claim on the industry's assets.  

A) True  
B) False

The total financial assets held by life insurers in 2009 was around:  

A) $3.5 trillion.  
B) $5.5 trillion.  
C) $6.5 trillion.  
D) $7.5 trillion.  
E) none of the above

The total financial assets outstanding for property-casualty insurers in 2009 was:  

A) $820 billion.  
B) $950 billion.  
C) $1.3 trillion.  
D) $2.7 trillion.  
E) none of the above

Returns on the equity capital of consumer-oriented finance companies average over __________ the equity capital returns of commercial finance companies.  

A) half  
B) double  
C) triple  
D) quadruple  
E) none of the above

U.S. government-sponsored enterprises (GSEs), created by Congress, are responsible today for more than ___________ of the residential mortgage loans in the United States.  

A) one third  
B) one half  
C) two thirds  
D) three quarters  
E) none of the above

Finance companies are very often referred to as:  

A) illegal firms.  
B) the candy stores of finance.  
C) the department stores of consumer and business credit.  
D) holders of U.S. Treasury bonds.  
E) none of the above