Multiple Choice
When a bank makes a car loan, the loan
A) is an asset to the bank.
B) is a liability to the bank.
C) is an asset to the person taking it out.
D) is a money market instrument.
Correct Answer:
Verified
Correct Answer:
Verified
Q26: Promises given by borrowers to lenders are<br>A)recognized
Q27: The decline in the dominance of U.S.
Q28: When borrowers possess information about their opportunities
Q29: Trading in capital markets involves<br>A)debt instruments with
Q30: Financial innovation<br>A)may reduce the cost of risk
Q32: U.S. Treasury bills<br>A)have the largest trading volume
Q33: Trading by managers who own large amounts
Q34: In comparing money market instruments to capital
Q35: The process of matching borrowers and lenders
Q36: The most common auction markets are<br>A)exchanges.<br>B)over-the-counter markets.<br>C)located