Multiple Choice
The time and money spent in carrying out financial transactions are called
A) economies of scale.
B) financial intermediation.
C) liquidity services.
D) transaction costs.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: If Toyota (headquarters in Japan)sells a $1,000
Q13: Bonds that are sold in a foreign
Q14: Bonds that are sold in a foreign
Q15: Federal funds are<br>A)funds raised by the federal
Q16: Secondary markets make financial instruments more<br>A)solid.<br>B)vapid.<br>C)liquid.<br>D)risky.<br>
Q18: Which of the following statements about financial
Q19: Corporations receive funds when their stock is
Q20: Contractual savings institutions include<br>A)mutual savings banks.<br>B)money market
Q21: U)S. dollar deposits in foreign banks outside
Q22: A breakdown of financial markets can result