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货币金融学 CHAPTER 2 an overview of the financial systemChapter 2Multiple Choices1)Every financial market has the following characteristic:(a)It determines the level of interest rates.(b)It allows common stock to be traded.(c)It allows loans to be made.(d)It channels funds from lenders-savers to borrowers-spenders.Answer:D2)Financial markets have the basic function of(a)getting people with funds to lend together with people who want to borrow funds.(b)assuring that the swings in the business cycle are less pronounced.(c)assuring that governments need never resort to printing money.
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