Finance companies ________.
A) acquire access to funds by accepting deposits then using these monies to lend to households and firms
B) raise funds by selling commercial paper then lend these funds to consumers
C) acquire access to monies through the payment of premiums by employees
D) are a special type of mutual fund
Correct Answer:
Verified
Q12: The purpose of a financial sector is
Q13: Which of the following statements is correct?
A)assets
Q14: A financial market where economic agents meet
Q15: Pension funds _.
A)acquire access to funds by
Q16: Hedge funds _.
A)acquire access to funds by
Q18: Which of the following is not a
Q19: If the economy may be likened to
Q20: The purpose of a financial sector is
Q21: The primary source of funds for finance
Q22: Suppose that a provider of health insurance
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