题目
BU.231.710.51.FA25 The Final Exam
单项选择题
Which of the following is NOT one of the special functions thatfinancial institutions provide?
选项
A.Guaranteeing positive returns on all investments
B.Reducing monitoring costs for savers through delegated monitoring
C.Offering maturity intermediation services
D.Providing denomination intermediation services
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标准答案
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思路分析
To tackle this question, I’ll evaluate what constitutes a 'special function' of financial institutions and then examine each option in that light.
Option 1: 'Guaranteeing positive returns on all investments.' This claim is inaccurate as a general function of financial institutions. Financial markets involve risk, and institutions cannot guarantee positive returns for every investment; doing so......Login to view full explanation登录即可查看完整答案
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