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    Exam 1: A Modern Financial System: An Overview
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    A Savings-Surplus Unit Is an Entity
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A Savings-Surplus Unit Is an Entity

Question 34

Question 34

Multiple Choice

A savings-surplus unit is an entity:


A) that needs to borrow funds from a surplus unit.
B) which has an income that exceeds its spending.
C) whose spending exceeds its income.
D) called a company.

Correct Answer:

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