MCQOPTIONS
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| 1. |
Financial markets have the basic function of |
| A. | bringing together people with funds to lend and people who want to borrow funds. |
| B. | assuring that the swings in the business cycle are less pronounced. assuring that governments need never resort to printing money. |
| C. | both (A) and (B) of the above. |
| D. | both (B) and (C) of the above. |
| Answer» B. assuring that the swings in the business cycle are less pronounced. assuring that governments need never resort to printing money. | |