Finance 100 week 3 quiz.Questions and complete solutions.

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Economists use a ___________________ framework to explain how the prices and quantities of goods and services are determined in a free-market economic system. Selected Answer: supply-and-demand Co... rrect Answer: supply-and-demand Response Feedback: Good work Question 2 2.5 out of 2.5 points Intermediaries that help the financial system operate efficiently and transfer funds from savers and investors to individuals, businesses, and governments that seek to spend or invest the funds are known as: Selected Answer: financial institutions Correct Answer: financial institutions Response Feedback: Good work Question 3 2.5 out of 2.5 points This study source was downloaded by 100000823250788 from CourseHero.com on 05-07-2021 15:35:49 GMT -05:00 https://www.coursehero.com/file/32587937/Finance-100-week-3-quizdocx/ This study resource was shared via CourseHero.com The primary goal of the financial manager of a profit-seeking organization is to: Selected Answer: maximize the owners' wealth Correct Answer: maximize the owners' wealth Response Feedback: Good work Question 4 2.5 out of 2.5 points Which of the following financial institutions market "seasoned" instruments and securities? Selected Answer: brokerage firms Correct Answer: brokerage firms Response Feedback: Good work Question 5 2.5 out of 2.5 points $1,000 invested today at 6% interest would be worth ________ one year from now Selected Answer: $1,060 Correct Answer: $1,060 [Show More]

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