Author Question: When banks operate to match savers and borrowers to increase the efficiency of financial markets, ... (Read 54 times)

chandani

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When banks operate to match savers and borrowers to increase the efficiency of financial markets, their role is known as
 
  A) financial intermediary.
  B) lender of the last resort.
  C) financial market regulator.
  D) central bank.

Question 2

A model comparing savings and foreign exchange constraints to see which is binding for economic growth is known as a
 
  (a) project appraisal.
  (b) two gap model.
  (c) computable general equilibrium.
  (d) trickle down model.
  (e) none of the above.



bbburns21

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Answer to Question 1

A

Answer to Question 2

B



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