Monetary policy affects interest rates but has little effect on inflation or business cycles.
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An example of direct financing is if you were to lend money to your neighbor.
A. 对
B. 错
A bond denominated in euros and issued in a country that uses the euro as its currency is an example of a Eurobond.
A. 对
B. 错
The process of financial intermediation is also known as direct finance.
A. 对
B. 错
The capital market is a financial market in which only short-term debt instruments (generally those with an original maturity of less than one year) are traded.
A. 对
B. 错