« previous next »

Author Question: An efficient market is a market that establishes correct prices for the securities that firms sell ... (Read 57 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
on: Jul 11, 2018
An efficient market is a market that establishes correct prices for the securities that firms sell and allocates funds to their most productive use as a result of the intense competition among investors.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is NOT a function of a financial intermediary in the lending/borrowing process?
 
  A) To help establish terms of the lending/borrowing agreement
  B) To match the borrower and the lender
  C) To bear the risk that the borrower will not repay
  D) All of the above are functions of a financial intermediary.


cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

Answer: D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Competitive firms and maximization Competitive firms and maximization
Video: Adolescent Diabetes

For a complete list of videos, visit our video library