Thirty years ago, banks
A) could make mortgage loans, but could not make loans to businesses.
B) could make loans to businesses, but could not make mortgage loans.
C) sold most loans to investors.
D) held most loans until they were paid off.
Correct Answer:
Verified
Q33: The purpose of diversification is to
A)increase the
Q34: Which of the following assets is the
Q35: Diversification refers to the
A)splitting of wealth into
Q36: Risk sharing
A)generally reduces the tax liability of
Q37: Diversification reduces the riskiness of a financial
Q39: The managers of a firm seek to
Q40: Savers who take advantage of the service
Q41: When economists refer to default risk on
Q42: A "primary market" is a market
A)for government
Q43: The maturity of a debt instrument refers
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