With ________ finance,borrowers obtain funds from lenders by selling them securities in the financial markets.
A) active
B) determined
C) indirect
D) direct
Correct Answer:
Verified
Q1: With direct finance,funds are channeled through the
Q2: Which of the following can be described
Q3: Every financial market has the following characteristic.
A)It
Q5: The principal lender-savers are
A)governments.
B)businesses.
C)households.
D)foreigners.
Q6: Which of the following can be described
Q7: Distinguish between direct finance and indirect finance.
Q8: Financial markets improve economic welfare because
A)they channel
Q9: Which of the following can be described
Q10: Well functioning financial markets benefit _ by
Q11: Assume that you borrow $2,000 at 10%
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