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
Economics
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Refer to Table 3-3. The table above shows the demand schedules for Kona coffee of two individuals (Luke and Ravi) and the rest of the market. If the price of Kona coffee rises from $4 to $5, the market quantity demanded would
A) decrease by 115 lbs. B) increase by 35 lbs. C) decrease by 35 lbs. D) increase by 115 lbs.
Economics
Which of the following is an intermediate target of the Fed's policies?
a. Exchange rate b. Unemployment c. Money supply d. Interest rate e. Inflation
Economics