1. Describe and discuss the saving-investment cycle.
2. What roles do financial middlemen and financial intermediaries play in the operation of the U.S. financial system? How do the two differ?
3. How do money and capital markets differ?
4. Describe the various types of financial intermediaries, including the sources of their funds and the types of investments they make.
5. What factors need to be considered when determining the optimal form of organization for a business enterprise?
6. How do primary and secondary financial markets differ?
7. What is the primary distinction between the trading process on the New York Stock Exchange and the over-the-counter markets?
8. Describe the concept of market efficiency. In what sense is this concept an important part of the shareholder wealth maximization objective?