Martin Wolf identifies the following benefits of modern finance:
A) it allows the creation of vast enterprises out of the combined capital, supplied at modest cost, by millions of individual investors
B) it facilitates risk sharing
C) it allows the creation of vast enterprises out of the combined capital, supplied at modest cost, by . millions of individual investors AND it facilitates risk sharing
D) it has developed as an industry in its own right employing millions of people
Correct Answer:
Verified
Q30: Increased volatility of interest rates can be
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A)
Q32: Examples of a currency crisis include:
A) the
Q33: 'Securitisation' refers to:
A) the deregulation of securities
Q34: The global financial crisis of the 21
Q35: Subprime loans are:
A) housing loans granted to
Q36: Which of the following statements is UNTRUE?
A)
Q37: One reason for the US housing bubble
Q38: Securitisation has the following benefits:
A) lowers borrowing
Q39: According to Koos Timmermans 'three types of
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