Which of the Following Is NOT One of the Three

question 24

Multiple Choice

Which of the following is NOT one of the three tasks of a financial system?

• A)reduction of transaction costs
• B)risk management
• C)provision of liquidity
• D)determination of fiscal policy

---

Definitions:

Placebo Effect

The beneficial effect on a person's health that arises from the person's expectations rather than from the actual treatment.

Spontaneous Recovery

A phenomenon in classical conditioning where a previously extinguished response re-emerges after a period of no exposure to the conditioned stimulus.

Overestimate

Assessing something as more significant, valuable, or numerous than it actually is.

Self-justification

A psychological process where individuals defend their actions and thoughts when they are challenged, to preserve their self-esteem.