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 no real economic value
B) During the early years of the history of the United States, foreigners purchased significant volumes of federal government securities.
C) Most funds raised in the credit sector are by households.
D) Consumer mortgages can be fixed rate or adjustable rate.

Question

Quizplus · Accepted Answer

The statement is false because channeling savings into investment through financial institutions or intermediaries is a crucial process in the financial system, as it facilitates the allocation of capital to productive uses and promotes economic growth.

Which of the Following Statements Is False