« previous next »

Author Question: An efficient market is a market that establishes correct prices for the securities that firms sell ... (Read 84 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?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Species of the algal genus Dinobryon not only photosynthesize, but are also efficient predators of b Species of the algal genus Dinobryon not only photosynthesize, but are also efficient predators of b
How lenses correct visual problems: (A) emmetropia; (B) myopia; (C) hyperopia; (D) corrected myopia; ... How lenses correct visual problems: (A) emmetropia; (B) myopia; (C) hyperopia; (D) corrected myopia; ...
With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ... With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ...
If the valve clearance (lash) is not correct, loosen the retaining nut and turn the valve adjusting ... If the valve clearance (lash) is not correct, loosen the retaining nut and turn the valve adjusting ...
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
Video: Endocytosis -Types and Phagocytosis

For a complete list of videos, visit our video library