The Three Tasks of a Financial System Do NOT Include

question 160

Multiple Choice

The three tasks of a financial system do NOT include:

• A) reduction of transaction costs.
• B) risk management.
• C) provision of liquidity.
• D) determination of fiscal policy.

---

Definitions:

Aptitude Tests

Standardized tests designed to measure an individual's potential to acquire skills or knowledge in a specific area.

College Admissions

The process through which students apply to and are selected for enrollment in colleges or universities.

Multilevel Survey Achievement Batteries

Assessments composed of a series of subtests used to measure achievement in certain areas at once.

Diagnostic Achievement Tests

Instruments used in conjunction with intelligence tests to diagnose a learning disability and assess learning difficulties.