Which One of the Following Statements Is Correct

question 9

Multiple Choice

Which one of the following statements is correct?

• A)Financialisation consists of turning any asset which generates cash flows into a tradable security or a derivative of such a security.
• B)Financialisation refers to the increasingly important role of the financial industry and capital markets on a global level.
• C)Both A and B are correct.
• D)None of the above.

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Definitions:

Forward Looking

An approach or attitude that is focused on future developments, planning, or innovations rather than solely on current or past situations.

Modern

Pertaining to the current time or most recent period; often associated with being up-to-date, innovative, or advanced.

Negative Stereotype

A generalized and negative assumption made about a group, often leading to prejudice and discrimination.

Gen Y

A demographic cohort also known as Millennials, typically born between the early 1980s and the late 1990s.