Podcast
Questions and Answers
What are the important sources of technical progress according to the text?
What are the important sources of technical progress according to the text?
- Human and physical capital (correct)
- Risk allocation and investment monitoring
- Financial system and investments
- Market efficiency and economic development
What is one of the key factors required for the increase in human and physical capital?
What is one of the key factors required for the increase in human and physical capital?
- Decreased financial system efficiency
- Higher savings and investment (correct)
- Reduced market size
- Lower wages and taxes
How does the financial system help in achieving higher savings and investment?
How does the financial system help in achieving higher savings and investment?
- By reducing the need for capital formation
- By linkages between savers and investors (correct)
- By decreasing the efficiency of resource allocation
- By limiting access to funding
What is one of the key functions of a financial system regarding investment performance?
What is one of the key functions of a financial system regarding investment performance?
What does a good financial system achieve in terms of finance availability?
What does a good financial system achieve in terms of finance availability?
How does a financial system contribute to economic development through market enlargement?
How does a financial system contribute to economic development through market enlargement?
What does an efficient financial system aim at?
What does an efficient financial system aim at?
How does a financial system help in promoting savings?
How does a financial system help in promoting savings?
What does financial deepening refer to?
What does financial deepening refer to?
How does a financial system help in reducing asymmetric information issues?
How does a financial system help in reducing asymmetric information issues?
What is one of the benefits of a well-functioning financial system?
What is one of the benefits of a well-functioning financial system?
What is one aspect of financial broadening?
What is one aspect of financial broadening?