Which of the Following Are Functions of a Financial System

question 4

Multiple Choice

Which of the following are functions of a financial system?
1) The operation of a payments system.
2) Providing the means of portfolio adjustment.
3) Helping to reduce unemployment.
4) Channelling funds between lenders and borrowers.
5) Helping speculators to bet on price movements.

• A)1 and 5
• B)2, 3 and 5
• C)1, 2 and 4
• D)2 to 5

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Definitions:

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, considered crucial for emotional intelligence.

Self-Management

The ability to manage one's own activities and responsibilities effectively, often without direct supervision.

Self-Esteem

An individual’s overall subjective emotional evaluation of their own worth or value.

Self-Actualization

A psychological state or level in Maslow's hierarchy where an individual achieves their fullest potential, including creativity and personal growth.