Author Question: The purpose of a financial sector is ________. A) to minimize the payments firms make to state ... (Read 20 times)

lak · **on:** Jun 30, 2018

The purpose of a financial sector is ________.

A) to minimize the payments firms make to state and local governments
B) to maximize the payments firms make to state and local governments
C) to channel funds away from households and firms with surplus funds
D) to channel monies into socially acceptable causes

Question 2

Which of the following is least likely to enhance central bank credibility?

A) town meetings on the topic of monetary policy
B) policy makers' expertise
C) independence from short-run political influences
D) accurate measurement of macroeconomic variables