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Basic Question 2 of 4
Financial markets and intermediaries can promote growth by:
II. facilitating risk transfer and diversification.
III. enhancing liquidity.
IV. mitigating credit constraints.
V. increasing leverage.
I. efficiently allocating savings.
II. facilitating risk transfer and diversification.
III. enhancing liquidity.
IV. mitigating credit constraints.
V. increasing leverage.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe the relation between the long-run rate of stock market appreciation and the sustainable growth rate of the economy;
explain why potential GDP and its growth rate matter for equity and fixed income investors;
CFA® 2025 Level II Curriculum, Volume 1, Module 9.