Secondary capital markets have promoted economic growth in the U.S. because
A) they have increased marketability of stocks and bonds.
B) they have increased the public's access to investment.
C) they have helped investors diversify.
D) all of the above
Correct Answer:
Verified
Q33: Small investors are likely to invest in
Q93: Currency transformation is an important service because
A)
Q94: The financial institution that is the largest
Q95: A commercial bank provides liquidity when it
A)
Q96: Security exchanges provide a valuable function in
Q97: Credit risk diversification occurs when
A) adding loans
Q99: Which of the following is NOT an
Q100: Disintermediation is best exemplified by
A) purchase of
Q101: Federal Funds are typically
A) Treasury deposits.
B) Federal
Q102: The money market is important because
A) it
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