TEST BANK FOR The Economics of Money, Banking, and Financial Markets 9th Edition By Mishkin
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Exam (elaborations) TEST BANK FOR The Economics of Money, Banking, and Financial Markets 9th Edition By Mishkin
- Exam (elaborations) • 111 pages • 2021
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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: Previous Edition 
2) Financial markets promote greater economic efficiency by channeling funds from ________ to 
________. 
A) investors; savers 
B) borrowers; savers 
C) savers; borrowers 
D) sav...
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