Of the sources of external funds for nonfinancial businesses in the United States,loans from banks and other financial intermediaries account for approximately ________ of the total.
A)6%
B)40%
C)56%
D)60%

Question

Quizplus · Accepted Answer

According to data from the Federal Reserve, loans from banks and other financial intermediaries account for approximately 56% of the total external funds for nonfinancial businesses in the United States. This makes it the largest source of external funding for nonfinancial businesses. Other sources include issuing bonds, selling equity, and borrowing from nonbank financial institutions.

Of the Sources of External Funds for Nonfinancial Businesses in the United