Mary used her savings to buy some stocks of a company in the secondary market while Jane sold some stocks she owned through a stock broker.George invested his savings in a bank while Tom bought treasury bills of the U.S.government.Who among the following is using direct finance?
A) Mary
B) Jane
C) George
D) Tom
Correct Answer:
Verified
Q28: Mr.Smith bought stocks of several companies from
Q29: A treasury bond issued by the U.S.government
A)does
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
Q34: Treasury bills issued by the U.S.government
A)do not
Q35: Andy keeps his savings in a money
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,
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