If financial markets didn't exist:
A. liquidity would diminish and returns would be lower.
B. liquidity would diminish, reducing the flow of funds between borrowers and savers.
C. required returns would be lower since fewer instruments would trade.
D. more funds would flow directly between borrowers and savers.
Answer: B
You might also like to view...
Which of the following is NOT an accurate description of open market operations prior to 2008?
A) It was used to affect the market for bank reserves. B) It was used to control the federal funds rate. C) It involved buying and selling of short-term Treasury securities. D) It involved buying and selling long-term securities.
As the economy recovers from a recession, we should expect that demand for:
a. inferior goods will fall and demand for non-inferior goods will rise. b. all goods will rise. c. inferior goods will rise and demand for non-inferior goods will fall. d. all goods will fall. e. complements will fall.
Which of the following would be most likely to improve the standard of living of people in less-developed nations?
a. The development of strong labor unions. b. An increase in foreign investment. c. An increase in the share of the population under 15 years of age. d. Higher tariffs and the imposition of other restraints designed to restrict international trade.
______________________: includes all the detail and information that were relevant to deriving market value of the other conclusions within the report.
Fill in the blank(s) with the appropriate word(s).