Kiểm Tra Thực Hành 2: Vai Trò của Trung Gian Tài Chính

Financial markets channel funds from savers to borrowers, promoting economic efficiency.

• True

• False

Commercial banks are the most important financial intermediaries in the economy.

• True

• False

Investment banks assist in the initial sale of securities in the primary market.

• True

• False

The primary market is where previously issued securities are traded.

• True

• False

Insurance companies primarily deal with short-term financial instruments.

• True

• False

Money markets are for long-term debt instruments.

• True

• False

Mutual funds pool resources from many investors to buy diversified portfolios of securities.

• True

• False

The secondary market increases the liquidity of financial instruments.

• True

• False

Financial institutions reduce transaction costs through economies of scale.

• True

• False

A diversified portfolio eliminates all types of risk.

• True

• False