Exam (elaborations)
ECON 203 Exam 3 || with 100% Verified Solutions.
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What is a financial market? correct answers a market in which people trade future claims on funds or goods (ex: a loan, stocks, insurance) Examples of "future claims": correct answers 1.) Loan: the bank gives you money now in return for repayment in the future 2.) Stocks: buying a company stock...
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