hmwk1 mc questions

hmwk1 mc questions - Homework 1 MC Questions EC370 W09...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Homework 1 - MC Questions EC370 - W09 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Financial markets promote economic efficiency by 1) _______ A) creating inflation. B) channeling funds from savers to investors. C) channeling funds from investors to savers. D) reducing investment. 2) Well - functioning financial markets promote 2) _______ A) unemployment. B) inflation. C) growth. D) deflation. 3) The stock market is important because it is 3) _______ A) the most widely followed financial market in the United States. B) the market where most borrowers get their funds. C) where foreign exchange rates are determined. D) where interest rates are determined. 4) A common stock is a claim on a corporation's 4) _______ 5) Secondary markets are important because 5) _______ A) they represent an important source of cash for public companies. B) they allow for the trading of secondary financial assets. C) they are useful in determining offering prices in primary markets. D) they provide work for investment bankers.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern