Most people's involvement with the financial system is through financial intermediaries rather than financial markets.
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举一反三
- The financial system includes two types: financial institutions and financial markets.
- The presence of _________ in financial markets leads to adverse selection and moral hazard problems that interfere with the efficient functioning of financial markets.
- The economy’s two most important financial markets are A: the investment market and the saving market. B: the bond market and the stock market. C: banks and the stock market. D: financial markets and financial institutions.
- Which of the following statements is NOT a feature of financial markets? () A: Financial markets generally provide borrowers with lower cost funds<br/>than through a financial intermediary. B: Funds are channelled directly from savers to borrowers. C: Contractual agreements are issued between savers and borrowers. D: Financial markets generally deal only with the purchase and sale of<br/>government securities.
- Financial intermediaries _________
内容
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Only small companies can go through financial<br/>markets to obtain financing.
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Which of the following financial intermediaries are depository institutions?
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Factors that lead to worsening conditions in financial markets include A: increases in interest rates. B: declining stock prices. C: increasing uncertainty in financial markets. D: all of the above. E: only A and B of the above.
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Briefly explain the functions of financial markets.
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The traditional international financial market, also known as offshore financial market, was formed and developed on the basis of the domestic financial markets of various countries.