Which of the following represents the least important instrument used to raise funds in the credit markets during recent years?
A)U.S.government securities
B)corporate bonds
C)mortgages
D)consumer debt

Question

Quizplus · Accepted Answer

Consumer debt, such as credit card debt and personal loans, is typically considered less important than government securities, corporate bonds, and mortgages in terms of raising funds in the credit markets. While consumer debt may have a significant impact on individuals' personal finances, it is not a primary source of funding for large-scale economic activities.

Which of the Following Represents the Least Important Instrument Used