In the 1980s, banks lost many of their __________ borrowers, because these borrowers were able to sell their commercial paper to __________

A) small; savings-and-loan associations
B) small; money market mutual funds
C) large; savings-and-loan associations
D) large; money market mutual funds


D

Economics

You might also like to view...

If voters lack an economic incentive to become informed about pending legislation, then their preferences become a constraint on legislators voting for rent-seeking legislation

Indicate whether the statement is true or false

Economics

A firm’s total revenue is simply the price of its product multiplied by the quantity sold.

Answer the following statement true (T) or false (F)

Economics

Explain why the interest rate is the opportunity cost of holding currency. What is the benefit of holding currency?

Economics

Briefly describe how warranties send a signal.

What will be an ideal response?

Economics