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ECN 204 Chapter 8: Chapter 8.docx

Canada

Introductory Macroeconomics

Economics

Christos Shiamptanis

Ryerson University

A History of Madness

Introductory Microeconomics

Zap, Pow, Bang: Pop Lit

Introduction to Global Management

IT Infrastructure

Systems Analysis and Design

Info Tech Ethics and Society

Business Process Design

Business Law

Principles of Marketing

How Society Works

<p>The economy's two most important financial markets are</p>
<p style="padding-left: 40px;">A. the investment market and he saving market <br>B. the bond market and the stock market <br>C. banks and the stock market. <br>D. financial markets and financial institutions</p>

<div>Unanticipated inflation tends to penalize:</div>
<div> </div>
<div>(i) people who save money in financial institutions.</div>
<div>(ii) individuals who borrow money from financial institutions.</div>
<div>(iii) businesses that borrow money from financial institutions.</div>
<div>(iv) governments that have a progressive personal income tax.</div>

<div>At the broadest level, why does the financial system moves the economy's resources from savers to borrowers?</div>

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