Well-Functioning Financial Markets

question 108

Multiple Choice

Well-functioning financial markets

• A) cause inflation.
• B) eliminate the need for indirect finance.
• C) cause financial crises.
• D) produce an efficient allocation of capital.

---

Definitions:

Closing Arguments

The final statements made by attorneys in a trial to summarize the case and persuade the jury or judge to support their position.

Closing Argument

The argument made by each side’s attorney after the cases for the plaintiff and defendant have been presented. Closing arguments are made prior to the jury charges.

Plaintiff

The party who initiates a lawsuit in civil court, claiming to have incurred loss or damage due to the defendant's actions.

Defendant

The entity being sued in legal proceedings within a courtroom.