ECN 211 Exam 3 – Marburger Exam | Questions and Correct Answers | Latest Update 2024/2025

ECN 211 Exam 3 – Marburger Exam | Questions and Correct Answers | Latest Update 2024/2025 Financial Markets - Answer -People save money that they don't intend to spend anytime soon Businesses need money to finance capital investment The purpose of financial markets is to match up savings with investment Banks are the primary financial institutions that seek to match up savings with investment Capital Investments - Answer -Capital investment allows a country to produce more goods and services Bond Market - Answer -To raise the money, it may issue bondsPrinciple is what you pay to get the bond; the company uses that principle to fund it's project Maturity date is when the bond holder will get the principle back The interest rate is what the bondholder will earn until the bond matures Defaulting - Answer -failing to repay a bond, lo