As an individual,you cannot participate in the financial markets to issue new stock or sell new bonds because
A) it is too costly for individual savers to research your credit worthiness.
B) you have a bad reputation.
C) your good reputation is insufficient to convince savers.
D) your bank has foreclosed on your automobile loan.
Correct Answer:
Verified
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Q24: High-powered money is
A)total deposits received by banks
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