Which of the following would be most likely to use a financial market?
A) A household with a small amount of funds to lend
B) A household wishing to borrow a small amount
C) A small business wishing to borrow to expand its operations
D) A state government wishing to borrow to finance a highway project
Correct Answer:
Verified
Q47: Long-term debt instruments have a maturity of
Q48: The financial system performs the role of
Q49: In a well-functioning financial market, the prices
Q50: When a borrower issues a debt instrument
Q51: Which of the following is an example
Q53: The amount that a borrower borrows is
Q54: You tell the bank loan officer that
Q55: Financial markets
A)generally deal only with the purchase
Q56: An automobile loan is likely to be
Q57: Financial markets provide arrangements for
A)direct finance.
B)indirect finance.
C)financial
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