The government is generally
A) not involved in the financial markets.
B) the owner of the financial market.
C) a supplier of funds to the financial market.
D) a demander of funds in the financial market.
Answer: D
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The business risk of a particular company is most accurately measured by the company's:
a. debt-to-equity ratio. b. efficiency in using assets to generate sales. c. operating leverage and level of uncertainty about demand, output prices, and competition.
The nationwide batch-oriented electronic funds transfer system that provides for the interbank clearing of electronic payments for participating financial institutions is the
A) Automated Clearing House Network. B) Federal Reserve System. C) E-bill Presentment and Payment Network. D) Receiving Depository Financial Institution.