Commercial banks often lend to businesses in direct financial markets.
Correct Answer:
Verified
Q10: Pension funds transfer spending power from the
Q11: A surplus spending unit (SSU) must hold
Q12: A financial claim is an "IOU" from
Q13: Liabilities of financial intermediaries often include commercial
Q14: Businesses are never deficit spending units (DSUs).
Q16: A household is a surplus spending units
Q17: Every financial claim appears on two balance
Q18: SSUs may prefer intermediated financing to direct
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