
(I) In the United States,nonbank loans are the most important source of external funds for nonfinancial businesses.
(II) In Germany and Japan,issuing stocks and bonds is the most important source of external for nonfinancial businesses.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
Correct Answer:
Verified
Q9: Moral hazard is a problem associated with
Q10: Which of the following best explains the
Q11: Of the following sources of external finance
Q12: With regard to external sources of financing
Q13: Which of the following is not one
Q15: Of the sources of external funds for
Q16: Because of the lemons problem in the
Q17: Of the following sources of external finance
Q18: In the used car market,asymmetric information leads
Q19: A borrower who takes out a loan
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents