Multiple Choice
Loanable funds are
A) another term for capital.
B) a particular type of investment fund that companies such as Merrill Lynch offer to consumers.
C) funds that someone borrows with a promise to pay interest for the use of the funds.
D) funds that someone lends with the requirement that interest be paid for the use of the funds.
E) c and d
Correct Answer:
Verified
Correct Answer:
Verified
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