INTRO TO FINTECH FINAL EXAM QUESTIONS WITH
DETAILED VERIFIED AND 100% ACCURATE ANSWERS
Cherston's Fence is a principle that states that Correct Answers One
should know the use of something before deciding if it should be
destroyed
According to Craig McMahon, considering potential regulation is
important for anyone who is developing a new financial product Correct
Answers True
According to the Robert Merton video, the economic and financial crises
of the 1970s stimulated all of the following innovations except Correct
Answers cryptocurrencies
Which of the following is not an effective tool for learning? Correct
Answers Studying without breaks
Which of the following is not a function of a bank? Correct Answers
Issuing stock
For a fintech innovation to be successful, it must Correct Answers all of
the above
When emailing the professor Correct Answers all of the above
,Finance Correct Answers may be thought of as the study of making
proper sacrifices in the present in order to receive a future benefit
According to your instructor, language and ____ are the two most
important tools available to humans Correct Answers Money
According to Robert Merton, to trust a model all of the following must
be true except Correct Answers the model must be complete
In order to trust a model, Robert Merton claims that one must Correct
Answers all of the above
According to the Robert Merton video, financial crises ______ crush
financial innovation Correct Answers do not always
According to Robert Merton, which of the following is not a substitute
for trust? Correct Answers complexity
According to the Robert Merton video, ______ is(are) essential for
economic growth and stability Correct Answers a well-functioning
financial system
The "Origin of Money" video claims that the two most important
inventions in human history are ______ and money Correct Answers
Language
, According to the Robert Merton video, which of the following
statements is not true? Correct Answers Truly transparent services
require the most trust
According to Craig McMahon, regulators became interested in financial
innovation after a period of ______ and ______ Correct Answers
growth; success
According to Craig McMahon, giving retail investors the tools to fund
small entrepreneurs ______ but _______ Correct Answers could
increase the efficiency of capital allocation; may expose retail investors
to inappropriate risks
Money must be a _______, _____ and a unit of account Correct
Answers medium of exchange; store of value
Merton stressed that lost trust ______ Correct Answers can be only
partially won back through technologies such as blockchain
According to the Robert Merton video, in the 2008 financial crises there
was a loss of trust in the ____ and ___ of financial services Correct
Answers providers; regulators
Which of the following is something that money does not do? Correct
Answers diminishes credit
DETAILED VERIFIED AND 100% ACCURATE ANSWERS
Cherston's Fence is a principle that states that Correct Answers One
should know the use of something before deciding if it should be
destroyed
According to Craig McMahon, considering potential regulation is
important for anyone who is developing a new financial product Correct
Answers True
According to the Robert Merton video, the economic and financial crises
of the 1970s stimulated all of the following innovations except Correct
Answers cryptocurrencies
Which of the following is not an effective tool for learning? Correct
Answers Studying without breaks
Which of the following is not a function of a bank? Correct Answers
Issuing stock
For a fintech innovation to be successful, it must Correct Answers all of
the above
When emailing the professor Correct Answers all of the above
,Finance Correct Answers may be thought of as the study of making
proper sacrifices in the present in order to receive a future benefit
According to your instructor, language and ____ are the two most
important tools available to humans Correct Answers Money
According to Robert Merton, to trust a model all of the following must
be true except Correct Answers the model must be complete
In order to trust a model, Robert Merton claims that one must Correct
Answers all of the above
According to the Robert Merton video, financial crises ______ crush
financial innovation Correct Answers do not always
According to Robert Merton, which of the following is not a substitute
for trust? Correct Answers complexity
According to the Robert Merton video, ______ is(are) essential for
economic growth and stability Correct Answers a well-functioning
financial system
The "Origin of Money" video claims that the two most important
inventions in human history are ______ and money Correct Answers
Language
, According to the Robert Merton video, which of the following
statements is not true? Correct Answers Truly transparent services
require the most trust
According to Craig McMahon, regulators became interested in financial
innovation after a period of ______ and ______ Correct Answers
growth; success
According to Craig McMahon, giving retail investors the tools to fund
small entrepreneurs ______ but _______ Correct Answers could
increase the efficiency of capital allocation; may expose retail investors
to inappropriate risks
Money must be a _______, _____ and a unit of account Correct
Answers medium of exchange; store of value
Merton stressed that lost trust ______ Correct Answers can be only
partially won back through technologies such as blockchain
According to the Robert Merton video, in the 2008 financial crises there
was a loss of trust in the ____ and ___ of financial services Correct
Answers providers; regulators
Which of the following is something that money does not do? Correct
Answers diminishes credit
