Multiple Choice
Which of the following statements is NOT correct?
A) Owners of financial claims can sell them in the primary market.
B) Deficit spending units raise funds by issuing financial claims in the primary market.
C) Owners of financial claims can sell them in the secondary market before maturity date.
D) A financial claim has one issuer but possibly successive owners through the secondary market.
Correct Answer:
Verified
Correct Answer:
Verified
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