PRACTICE EXAM 1

PRACTICE EXAM 1. MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Every financial market has the following characteristic: A) It allows loans to be made. B) It channels funds from lenders-savers to borrowers-spenders. C) It allows common stock to be traded. D) It determines the level of interest rates. 2) Which of the following can be ... ................
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