100%(4)4 out of 4 people found this document helpful
This preview shows page 4 - 7 out of 8 pages.
Question 151 out of 1 pointsMore than half of all U.S. dollars can be foundQuestion 161 out of 1 pointsA financial market is
Question 17 1 out of 1 pointsA financial intermediary specializes in knowing about people who apply for loans. The intermediary knows how to evaluate credit histories and the probabilities that borrowers will repay. These facts are examples of which of the following functions of financial intermediaries?Question 18 0 out of 1 pointsWhen a country’s financial system is young, it usually relies more on _______ finance.Question 19 1 out of 1 pointsAll the securities, intermediaries, and markets that exist to match savers and borrowers are calledQuestion 20
1 out of 1 pointsThe financial system consists ofQuestion 21 1 out of 1 pointsIn the event that a firm goes bankrupt and is liquidated, who is paid off first, second, and third between workers, debt holders, and stockholders?