The key reason for the existence of markets of financial assets is:
A) that holders of shares generally want to exchange them for bonds and other financial instruments.
B) the high expenditure for many individuals and businesses.
C) that the lack of money in an economy makes trade in financial assets necessary.
D) the refusal of most modern governments to print money on demand.
Correct Answer:
Verified
Q17: The process of facilitating the flow of
Q18: Buyers of financial claims lend their excess
Q19: The term 'medium of exchange' for money
Q20: Which of the following is NOT a
Q21: A primary financial market is one that:
A)
Q23: Financial markets:
A) act as intermediaries by holding
Q24: Long-term debt financing instruments used by companies
Q25: Buying bonds in the capital markets is
Q26: When a security is sold in the
Q27: A secondary financial market is one that:
A)
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