Solved

Which of the Following Statements Is True

Question 60

Multiple Choice

Which of the following statements is true?


A) Money that is lent out is considered to be a liability.
B) People who lend money are known as debtors.
C) People who borrow money are known as creditors.
D) Non-bank institutions are also a part of the credit market.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions