Multiple Choice
Which of the following statements is false?
A) The process of channeling savings into investment through the use of a financial institution or intermediary results in the creation of one type of financial asset and one type of financial liability.
B) During the early years of the history of the United States, foreigners purchased significant volumes of federal government securities.
C) The single most important use of funds raised in the credit markets is by the household sector.
D) All of the above statements are false.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: A business loan to Joe's Hardware Store
Q13: All else the same, a trade deficit:<br>A)increases
Q14: Capital formation is the process of constructing
Q15: Which one the following four basic economic
Q18: Direct payments to individuals from the Federal
Q19: Which of the following factors does not
Q20: Which of the following statements is false?<br>A)The
Q22: Foreign capital did not play a significant
Q31: Which one the following four basic economic
Q82: A saver who chooses securities as a