Which of the following is NOT a description of indirect finance?
A) You take out a student loan from your bank.
B) An insurance company lends funds to Tesla.
C) You borrow $500 from your parents.
D) You buy shares in a mutual fund.
Correct Answer:
Verified
Q249: A central bank is
A) the largest bank
Q250: When you deposit funds in a bank
Q251: All of the following are examples of
Q252: Which of the following is NOT a
Q253: The possibility that a borrower might engage
Q255: People with savings often deposit their funds
Q256: The process by which financial institutions accept
Q257: The likelihood that individuals who seek to
Q258: Which of the following is NOT an
Q259: Possession of information by one party in
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