Financial markets serve as the
A) primary source of funds for financial intermediaries.
B) means of converting cash into tangible assets.
C) transmission mechanism between savers and borrowers.
D) economic system's ultimate source of funds.
C
You might also like to view...
Which of the following is NOT a financial intermediary?
A) mutual fund B) bank C) stock exchange D) insurance company
Which of the following could be expected to shift the aggregate demand curve?
a. An increase in government spending. b. Consumption spending decreases. c. Net exports fall. d. All of these.
A brand name is a type of
A) cost saving. B) buyback contract. C) monopoly power. D) entry requirement for a competitive market.
In a constant-cost industry, the long-run market supply curve is
a. horizontal b. vertical c. upward sloping d. downward sloping e. the same slope as the typical firm's supply curve