Economics
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Exam (elaborations)
TEST BANK ECONOMICS OF MONEY, BANKING AND FINANCIAL MARKETS 9TH EDITION FREDERIC S. MISHKIN
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---564October 20212021/2022
- 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 
Ques Status: Previous Edition...
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