Financial markets
A) channel funds indirectly between borrowers and lenders.
B) issue claims on individual borrowers directly to savers.
C) act as go-betweens by holding a portfolio of assets and issuing claims based on that portfolio to savers.
D) generally provide lenders with lower returns than do financial intermediaries.
Correct Answer:
Verified
Q13: Borrowers generally demand funds through the financial
Q14: If a bank grants you a mortgage,
Q15: The main reason for trade in financial
Q16: Promises given by borrowers to lenders are
A)recognized
Q17: If you purchase a Treasury bond, the
Q19: Borrowers promise to repay borrowed funds
A)by borrowing
Q20: Funds flow from lenders to borrowers
A)indirectly through
Q21: Which of the following assets is the
Q22: The financial system provides risk sharing by
Q23: Financial markets enable individuals to transfer risk
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