Most finance companies specialize in one of three loan types. Which of the following is not one of those three types?
A. Sales loans for purchases such as cars
B. Business loans for firms to use to buy new equipment
C. Margin loans for buying stock
D. Consumer loans for purchases such as appliances
Answer: C
You might also like to view...
If the exchange rate ________, the quantity of dollars demanded ________ and there is a movement up along the ________ curve for dollars
A) falls; increases; supply B) rises; increases; demand C) falls; decreases; demand D) rises; decreases; supply E) rises; decreases; demand
Refer to Scenario 17.3. If the fire protection program were not in place, the insurer would not be willing to ensure the warehouse for any amount less than
A) $80. B) $300. C) $3,000. D) $6,000. E) $300,000.
Price discrimination leads to higher prices for all consumers
a. True b. False Indicate whether the statement is true or false
The aggregate supply curve normally
a. slopes downward and to the right due to higher resource prices. b. has a horizontal slope equal to zero. c. is very steep in the lower portion and flatter in the upper portion. d. slopes upward to the right due to short-run fixed costs of production.