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    Exam 1: The Financial System
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    What Does Operational Efficiency Refer To
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What Does Operational Efficiency Refer To

Question 62

Question 62

Multiple Choice

What does operational efficiency refer to?


A) Prices that quickly reflect important information.
B) Sufficient securities to efficiently allocate risk.
C) Low transaction costs.
D) Both B and C are correct.

Correct Answer:

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