The moral argument for the capitalist market system does not include:
A) liquidity, markets and banks gather the savings of many small depositors.
B) maturity transformation short term loans to long term borrowers.
C) allocative efficiency, deciding what are the worthy or profitable operations.
D) risk transformation large lenders to small borrowers.
Correct Answer:
Verified
Q4: What is disintermediation?
A) Trading via a clearing
Q5: Which of the following is not a
Q6: What are ethics?
A) A code that acts
Q7: The new Malthusians are concerned about:
A) the
Q8: Ownership and control vary greatly between countries
Q10: What is meant by maturity transformation?
A) Lending
Q11: International financial markets are easy to regulate,
Q12: Globalization of Information Technology leads to:
A) increased
Q13: Which of the following can be seen
Q14: Pressure groups use different forms of advocacy
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