To promote long-run growth, the primary economic function of the financial system is to: Group of answer choices keep interest rates low. provide expert advice to savers and investors. match one person’s consumption expenditures with another person’s capital expenditures. match one person’s saving with another person’s investment.
To promote long-run growth, the primary economic function of the financial system is to: Group of answer choices keep interest rates low. provide expert advice to savers and investors. match one person’s consumption expenditures with another person’s capital expenditures. match one person’s saving with another person’s investment.
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter14: Investment, The Capital Market, And The Wealth Of Nations
Section: Chapter Questions
Problem 11CQ
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Question
To promote long-run growth, the primary economic function of the financial system is to:
Group of answer choices
keep interest rates low.
provide expert advice to savers and investors.
match one person’s consumption expenditures with another person’s capital expenditures.
match one person’s saving with another person’s investment.
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