Financial Markets and Intermediaries Allow Investors and Businesses to Reduce

question 54

True/False

Financial markets and intermediaries allow investors and businesses to reduce and reallocate risk.

---

Definitions:

Reduced Work Hours

An employment arrangement where the number of hours worked is less than the standard full-time schedule, often to promote work-life balance.

Demotions

The action of lowering someone's rank or position, often as a disciplinary measure or due to organizational restructuring.

Phased-Retirement Programs

Programs that allow employees to gradually reduce their working hours as they transition into retirement.

Traditional Retirement Age

Refers to the age at which a person is expected or entitled to retire from full-time work, typically around 65 years in many countries.