兹维博迪金融学二版试题库2TB.docVIP

Chapter Two Financial Markets and Institutions This chapter contains 49 multiple-choice questions, 20 short problems and 10 longer problems. Multiple Choice 1. A market that has no one specific location is termed a n ________ market. over-the-counter geographic location intermediary conceptual Answer: a 2. ________ problems arise because parties to contracts often cannot easily monitor or control one another. Payment Counter Incentive Exchange Answer: c 3. Incentive problems take a variety of forms and include: moral hazard adverse selection principal-agent all of the above Answer: d 4.