Which of the following statements best describes financial markets? a. Financial markets are a good example of unregulated markets b. Financial markets increase the speed of buying and selling, but they also increase the cost since people are earning fees for these transactions c. Financial markets today offer fewer instruments than they did in the past d. Financial markets lower the cost and increase the speed of buying and selling financial instruments
Which of the following statements best describes financial markets? a. Financial markets are a good example of unregulated markets b. Financial markets increase the speed of buying and selling, but they also increase the cost since people are earning fees for these transactions c. Financial markets today offer fewer instruments than they did in the past d. Financial markets lower the cost and increase the speed of buying and selling financial instruments
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section: Chapter Questions
Problem 12PA
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Which of the following statements best describes financial markets?
a. Financial markets are a good example of unregulated markets
b. Financial markets increase the speed of buying and selling, but they also increase the cost since people are earning fees for these transactions
c. Financial markets today offer fewer instruments than they did in the past
d. Financial markets lower the cost and increase the speed of buying and selling financial instruments
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