Which of the following statements is FALSE?
A. Because of the prominent role played by financial markets in economies, governments have long deemed it necessary to regulate certain aspects of these markets.
B. In their regulatory capacities, governments have had little influence on the development and evolution of financial markets and institutions.
C. It is important to realize that governments, markets, and institutions tend to behave interactively and to affect one anothers actions in certain ways.
D. A sense of how the government can affect a market and its participants is important to an understanding of the numerous markets and securities.
Answer:B
Which of the following statements is FALSE?
A. Because of the prominent role played by financial markets in economies, governments have long deemed it necessary to regulate certain aspects of these markets. B. In their regulatory capacities, governments have had little influence on the development and evolution of financial markets and institutions. C. It is important to realize that governments, markets, and institutions tend to behave interactively and to affect one anothers actions in certain ways. D. A sense of how the government can affect a market and its participants is important to an understanding of the numerous markets and securities.