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Questions and Answers
What is ASIC responsible for regulating?
What is ASIC responsible for regulating?
- The education sector
- The transportation sector
- The financial sector (correct)
- The healthcare sector
What do financial intermediaries do in an economy?
What do financial intermediaries do in an economy?
- They save money for individuals
- They borrow money from individuals
- They lend money to individuals (correct)
- They invest money in businesses
What is investment in the context of businesses?
What is investment in the context of businesses?
- Spending money on employee salaries
- Spending money on rent
- Spending money on buying new equipment or moving to bigger premises (correct)
- Spending money on advertising
What is the main responsibility of the Australian Securities and Investments Commission (ASIC)?
What is the main responsibility of the Australian Securities and Investments Commission (ASIC)?
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What is the role of financial intermediaries in the economy?
What is the role of financial intermediaries in the economy?
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What is investment in the context of business?
What is investment in the context of business?
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