A financial intermediary transfers

A. savings to households.
B. savings to borrowers.
C. stocks to brokers.
D. new stock issues to buyers.


Answer: B

Business

You might also like to view...

Dysfunctional teams may seek to avoid __________, because they are unwilling to accept responsibility for outcomes.

What will be an ideal response?

Business

In the case of deferred revenue, the adjusting entry at the end of the period includes a credit to Service Revenue. Assume the deferred revenue is initially recorded as a liability

Indicate whether the statement is true or false

Business

To help get unions on board, managers should try to create __________ situations in which all stakeholders, including unions, gain from the implementation of high-performance work systems.

A. up or down B. challenging C. supportive D. win-win

Business

A matrix multiplied by its inverse is always equal to the identity matrix

Indicate whether the statement is true or false

Business