A car loan that a bank grants to you is
A) a source of funds to you, but a use of funds to the bank.
B) a use of funds to you, but a source of funds to the bank.
C) a source of funds to both you and the bank.
D) a use of funds to both you and the bank.
Correct Answer:
Verified
Q1: All of the following are forms of
Q3: Financial intermediaries
A)channel funds directly between borrowers and
Q4: Which of the following is NOT a
Q5: Which of the following is NOT a
Q6: The process of matching borrowers and lenders
Q7: Fluctuations in the market price of a
Q8: The primary purpose of the financial system
Q9: Why do savers supply funds?
A)They are promised
Q10: Promises given by borrowers to lenders are
A)recognized
Q11: If you have a checking account at
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