Firms that extend credit to borrowers using funds raised from savers are called:
A) bond dealers.
B) stock brokers.
C) central banks.
D) financial intermediaries.
Correct Answer:
Verified
Q1: A bond is a(n):
A)regular payment made to
Q2: Each of the following is an example
Q3: Regular interest payments made to bondholders are
Q4: A legal promise to repay a debt
Q6: The financial system consists of financial _,
Q7: Two reasons savers keep deposits at banks
Q8: Banks help savers find productive uses for
Q9: Financial intermediaries, such as commercial banks, help
Q10: Decentralized market-based financial systems improve the allocation
Q11: The amount originally lent by a bondholder
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