The capital market is extremely important because
A) a smoothly functioning capital market influences how fast the economy grows.
B) it raises the funds needed by net borrowers to carry out their spending and investment plans.
C) it provides the only stage upon which capital goods can easily be traded.
D) Both a and b are correct.
Correct Answer:
Verified
Q20: Bankers' acceptances are
A)capital money market instruments created
Q21: Since 1984, the trading of bankers' acceptances
Q22: Repurchase agreements are
A)long-term agreements to buy a
Q23: Overnight loans among depository institutions of their
Q24: The term Eurodollar refers to
A)any deposit made
Q26: Income that is received from equity claims
Q27: Preferred stock pays a _ dividend.
A)fixed
B)variable
C)lower
D)higher
Q28: Common stock pays a _ dividend.
A)fixed
B)variable
C)lower
D)higher
Q29: Loans to purchase housing, land, or other
Q30: The two government sponsored enterprises (GSEs) that
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