Most borrower-spenders in the financial system are
A) businesses and governments.
B) banks and thrift institutions.
C) households and foreigners.
D) governments and financial institutions.
Correct Answer:
Verified
Q10: Bonds without a maturity date are called
A)
Q11: An efficient financial system
A) must disseminate information
Q12: An indirect flow of funds occurs when
A)
Q13: Which of the following bonds are called
Q14: Traditionally, bonds have been issued with coupons
Q16: Which of the following statements is not
Q17: Financial markets serve as the
A) primary source
Q18: _ are never borrower-spenders.
A) Governmental bodies
B) Business
Q19: When borrower-spenders raise funds in financial markets,
Q20: The issuer of a bond is a
A)
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