The financial system moves the economy's scarce resources from:
A) the government to citizens
B) higher-valued uses to lower-valued uses
C) savers to borrowers
D) borrowers to savers
Correct Answer:
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Q27: The type of bond that never matures
Q28: Financial markets are:
A)the institutions in which a
Q29: A price-earnings ratio is:
A)the price of a
Q30: Where Y is GDP, C is consumption,
Q31: A bond is:
A)a certificate of credit that
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Q35: The term of a bond is:
A)the interest
Q36: Private saving is:
A)the amount of income that
Q37: The yield curve is a graph of
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