All of the following are forms of savings EXCEPT
A) purchase of a new car.
B) purchase of shares of Google.
C) buying shares in a mutual fund.
D) opening up a savings account.
Correct Answer:
Verified
Q2: A car loan that a bank grants
Q3: Financial intermediaries
A)channel funds directly between borrowers and
Q4: Which of the following is NOT a
Q5: Which of the following is NOT a
Q6: The process of matching borrowers and lenders
Q7: Fluctuations in the market price of a
Q8: The primary purpose of the financial system
Q9: Why do savers supply funds?
A)They are promised
Q10: Promises given by borrowers to lenders are
A)recognized
Q11: If you have a checking account at
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents