Which of the following statements is NOT a feature of financial markets? ()
A: Financial markets generally provide borrowers with lower cost funds
than through a financial intermediary.
B: Funds are channelled directly from savers to borrowers.
C: Contractual agreements are issued between savers and borrowers.
D: Financial markets generally deal only with the purchase and sale of
government securities.
A: Financial markets generally provide borrowers with lower cost funds
than through a financial intermediary.
B: Funds are channelled directly from savers to borrowers.
C: Contractual agreements are issued between savers and borrowers.
D: Financial markets generally deal only with the purchase and sale of
government securities.
举一反三
- A ‘primary market' is a market: () A: only for equity issues by major or ‘primary' companies. B: where borrowers sell new financial instruments to buyers. C: where savers sell new financial claims to borrowers. D: where government securities are bought and sold.
- When a large company issues a financial instrument into the financial markets: () A: funds flow indirectly from saver to borrower. B: the cost of funds is generally higher owing to the risk involved. C: it buys a financial claim. D: it sells a financial claim.
- Which of the following statements about financial markets and securities are true?
- The main participants in the financial system are individuals, corporations and governments. Individuals are generally ______ of funds and corporations are net ________ of funds. () A: borrowers; suppliers B: users; providers C: suppliers; users D: demanders; providers<br/>66<br/>Generally,<br/>in the long term, a government: A
- Only small companies can go through financial<br/>markets to obtain financing.