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) The single most important use of funds raised in the credit markets is by the household sector. dc.All Both of the above statements are false.
D) Both statements A and B are true.
Correct Answer:
Verified
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