Andy keeps his savings in a money market mutual fund, Ben keeps his savings invested in U.S.savings bonds, Charlie keeps his in a bank, and Beth uses her savings to buy the stocks of a company.Given this information, who among the following individuals is using direct finance?
A) Andy
B) Ben
C) Charlie
D) Beth
Correct Answer:
Verified
Q30: A financial intermediary
A)is a government-owned acceptor of
Q31: A company that transfers funds from savers
Q32: A company that takes short term deposits
Q33: Mary used her savings to buy some
Q34: Treasury bills issued by the U.S.government
A)do not
Q36: Which of the following is true of
Q37: Interest payments are
A)the periodic payments on equity
Q38: When a country's financial system is young,
Q39: Four friends- Phillips, Eliza, John, and Jacob
Q40: Most commonly, companies issue a(n) _dividend.
A)quarterly
B)semiannual
C)annual
D)monthly
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