본문/내용
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:!Revised
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:!New
3) Well-functioning!financial!markets!promote A) inflation. B) deflation. C) unemployment. D) growth. Answer: D
Ques!Status:!Revised
4) Markets!in!which!funds!are!transferred!from!those!who!have!excess!funds!available!to!those who!have!a!shortage!of!available!funds!are!called A) commodity!markets. B) fund-available!markets. C) derivative!exchange!markets. D) financial!markets. Answer: D
Ques!Status:!Previous!Edition
2!!!!!!!Mishkin!·!Economics!of!Mo