Examlex

Solved

The Countries That Have Made the Least Use of Securities

question 111

Multiple Choice

The countries that have made the least use of securities markets are ________ and ________;in these two countries finance from financial intermediaries has been almost ten times greater than that from securities markets.


Definitions:

Utility Function

Depicts how different combinations of goods or services generate levels of happiness or utility for a person or household.

Probability

A measure of the likelihood of a specific event or outcome occurring, expressed as a number between 0 and 1.

Expected Utility Function

A concept in economics that quantifies an individual's preference for different outcomes, accounting for risk and uncertainty.

Probability

A numeric expression ranging between 0 and 1 that signifies the chances of an event's occurrence.

Related Questions