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Economics of Money, Banking and Financial Markets 9th Eds TEST BANK
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Chapter 1 Why Study Money, Banking, and Financial Markets? 1.1 Why Study Financial Markets? 1) Financial markets promote economic efficiency by A) channeling funds from investors to savers. B) creating inflation. C) channeling funds from savers to investors. D) reducing investment. Answer: C Ques Status: Previous Edition 2) Financial markets promote greater economic efficiency by channeling funds from to . A) investors; savers B) borrowers; savers C) savers; borrowers D) savers; lenders Answer: C
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