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 IBM.
C) You borrow $500 from your best friend.
D) You buy shares in a mutual fund.
Correct Answer:
Verified
Q241: Asymmetric information is a situation in which
A)
Q247: Financial intermediaries are institutions that
A) create money.
B)
Q248: From an accounting point of view, a
Q252: Which of the following is NOT a
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
Q261: Monetary policy actions are determined by the
A)Federal
Q278: The Board of Governors of the Federal
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