Multiple Choice
The bond market is important because
A) it is the major source of borrowed funds for U.S. business.
B) it provides a rate of return significantly greater than the stock market.
C) it provides foreign purchasers of U.S. products a means to exchange their currencies for U.S. dollars.
D) it provides a way for businesses and governments to borrow funds from savers and it is the market that determines interest rates.
Correct Answer:
Verified
Correct Answer:
Verified
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