The process of facilitating the flow of funds between borrowers and lenders performed by the financial system:
A) is hindered by the problem of 'double coincidence of wants'.
B) greatly reduces the probability of inflation.
C) increases the rate of economic growth of a country.
D) occurs only through financial intermediaries.
Correct Answer:
Verified
Q12: A savings-surplus unit is an entity:
A) that
Q13: The exchange of goods and services is
Q14: Financial markets have developed to facilitate the
Q15: Sellers of financial claims promise to pay
Q16: Financial institutions whose liabilities specify that,in return
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)
Q22: The key reason for the existence of
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