chapter 1 Flashcards
1
Q
Financial markets
A
to understand the allocations of funds for investment purposes either through stocks or bonds.
2
Q
purpose of class
A
focus on how process of allocation of funds impacts interest rates
3
Q
when did interest rates peak?
A
’80s when “shadow banks” boomed
4
Q
why study financial institutions and banks?
A
financial intermediaries are how most people interact with the financial system.
