The institutions that bring together savers, borrowers, investors, and insurers in a set of interconnected markets where people trade financial products is called the:

A. financial system.
B. money system.
C. market for interest rates.
D. market for loanable funds.


A. financial system.

Economics

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If there are both external benefits and external costs associated with the production and consumption of a good, and the external benefits are greater than the external costs,

a. Taxing it could bring us closer to the efficient solution b. Subsidizing it could bring us closer to the efficient solution c. Neither a tax or a subsidy could bring us closer to the efficient solution d. None of the above is true.

Economics

______________ elect the firm's board of directors, and ______________ appoint the firm's management

a. Sole proprietors; partners b. Partners; sole proprietors c. Employees; employers d. Management; the board of directors e. Stockholders; the board of directors

Economics

The current deregulatory movement began to change laws to deregulation in the

a. early 1970s. b. late 1970s. c. early 1980s. d. early 1990s.

Economics

Suppose a consumer consumes two goods, X and Y. The slope of the budget constraint equals the

a. marginal rate of substitution. b. rate at which the consumer will give up X to gain Y while maintaining the same level of utility. c. relative price of the two goods. d. All of the above are correct.

Economics