Commercial banks lend to businesses in direct financial markets.
Correct Answer:
Verified
Q2: The purpose of the financial system is
Q3: Investment bankers help deficit spending units (DSUs)
Q4: When a surplus spending units (SSU) owns
Q7: Deficit spending units (DSUs) and surplus spending
Q12: "Futures contract" and "forward contract" are interchangeable
Q13: Financial claims or securities are written for
Q14: Businesses are never deficit spending units (DSUs).
Q17: Every financial claim appears on two balance
Q19: Without a financial sector, real investment must
Q20: Depository intermediaries issue claims that are for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents