The purpose of a financial sector is ________.
A) to minimize the payments firms make to state and local governments
B) to maximize the payments firms make to state and local governments
C) to channel funds away from households and firms with surplus funds
D) to channel monies into socially acceptable causes
Correct Answer:
Verified
Q15: Pension funds _.
A)acquire access to funds by
Q16: Hedge funds _.
A)acquire access to funds by
Q17: Finance companies _.
A)acquire access to funds by
Q18: Which of the following is not a
Q19: If the economy may be likened to
Q21: The primary source of funds for finance
Q22: Suppose that a provider of health insurance
Q23: Direct finance involves _.
A)borrowing monies from commercial
Q24: Mutual funds _.
A)accept deposits and issue loans
B)sell
Q25: The incentive to collect information is undermined
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