In the United States saving is allocated to its most productive use by:
A) the Federal Reserve.
B) the federal, state, and local governments.
C) regulations and laws designed to improve productivity.
D) a decentralized, market-oriented financial system.
Correct Answer:
Verified
Q13: The interest rate promised when a bond
Q14: The principal amount of a bond is
Q15: Savers may prefer to use financial intermediaries
Q16: The coupon rate is the:
A)amount originally lent.
B)regular
Q17: Financial systems in market economies improve the
Q19: The specialized information-gathering activities that banks use
Q20: Financial intermediaries, such as commercial banks, provide
Q21: Pat pays $10,000 for a newly issued
Q22: Shares of stock are:
A)legal promises to repay
Q23: Fred purchases a bond, newly issued by
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