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1, what is a set of complex and closely connected instructions, agents, practices, markets, transactions, claims and liabilities relating to financial aspects of an economy.

A. Financial system
B. Financial Asset
C.Financial market
D.Financial economy
2. Financial assets are those which can be easily transferred from one person to anotherwithout much hindrance
A. Non-Marketable Assets
B. Marketable Assets
C. Physical Asset
D.non physical asset
3. In the situation that cost of credit declines and loan able funds become more readily available
A. Businesses cut back production
B. reduce their investment
C. unemployment raises
D. The economy's growth slows down
E. The economy's growth accelerates ​

1 Answer

4 votes

Final answer:

The financial system is a complex set of instructions, agents, practices, markets, transactions, claims, and liabilities relating to the financial aspects of an economy. Financial assets that can be easily transferred from one person to another without hindrance are called marketable assets. When the cost of credit declines and loanable funds become more readily available, businesses may reduce their investment.

The correct answer for question 1 is A.

Step-by-step explanation:

Financial system. The financial system refers to a set of complex and closely connected instructions, agents, practices, markets, transactions, claims, and liabilities relating to the financial aspects of an economy.

For question 2, the correct answer is B. Marketable Assets. Financial assets are those that can be easily transferred from one person to another without much hindrance. Marketable assets are assets that can be bought, sold, or traded in a financial market.

Finally, for question 3, when the cost of credit declines and loanable funds become more readily available, businesses may reduce their investment (answer B) as they can access funds at a lower cost.

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