Financial markets have the basic function of assuring that the swings in the business cycle are less pronounced .()
Financial markets have the basic function of () .
A.bringing together people with funds to lend and people who want to borrow funds
B.assuring that the swings in the business cycle are less pronounced
C.assuring that governments need never resort to printing money
Financial markets have the basic function of bringing together people with funds to lend and people who want to borrow funds.()
Financial markets have the basic function of assuring that governments need never resort to printing money .()
A. securities markets
B. a state-owned bank
C. financial markets
A.stimulate
B.promote
C.facilitate
D.move
A.speculation
B.speculator
C.speculate
D.speculative
Financial markets improve economic welfare because______.
A.they allow funds to move from those without productive investment opportunities to those who have such opportunities
B.they allow consumers to time their purchases better
C.they weed out inefficient firms
D.all of the above
E.both A and B
A.shift consumption through time from higher-income periods to lower
B.price securities according to their riskiness
C.channel funds from lenders of funds to borrowers of funds
D.allow most participants to routinely earn high returns with low risk
Why didn't the government's expansion program work very well?
A.Because the farmers were uncertain about the financial support the government guaranteed.
B.Because the tanners were uncertain about the benefits of expanding production.
C.Because the farmers were uncertain whether foreign markets could be found for their produce.
D.Because the older generation of farmers were strongly against the program.