Principles of Macroeconomics 7th Edition

Published by South-Western College
ISBN 10: 1-28516-591-8
ISBN 13: 978-1-28516-591-2

Chapter 13 - Saving, Investment, and the Financial System - Questions For Review: 1

Answer

The financial system has the role of matching one person's savings to another person's investment through financial institutions. Two markets part of the financial system are the stock market and bond market. Two financial intermediaries are banks and mutual funds.

Work Step by Step

This question test definition base of financial markets and financial intermediaries.
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