Since 1960, the growth of commercial paper has risen impressively due to
A)the increase in commercial paper issued by non-financial firms and, more recently, by small and medium size firms.
B)the increase in commercial paper issued by financial firms.
C)the rise of government deficit spending.
D)the increase in the quantity of money provided by the Treasury Department.

Question

Quizplus · Accepted Answer

The passage states that the growth of commercial paper has risen impressively since 1960 due to "the increase in commercial paper issued by non-financial firms and, more recently, by small and medium size firms."

Since 1960, the Growth of Commercial Paper Has Risen Impressively