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    The Economics of Money Banking Study Set 1
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    Exam 2: An Overview of the Financial System
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    Financial Markets Improve Economic Welfare Because
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Financial Markets Improve Economic Welfare Because

Question 20

Question 20

Multiple Choice

Financial markets improve economic welfare because


A) they channel funds from investors to savers.
B) they allow consumers to time their purchase better.
C) they weed out inefficient firms.
D) eliminate the need for indirect finance.

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