An example of direct finance would be when
A) a person purchases a certificate of deposit from a bank.
B) a person buys a life insurance policy.
C) a person buys 100 shares of stock from a corporation.
D) a bank makes a loan to a customer.
C
Economics
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Complete the following table assuming that (a) MPS = 1/3, (b) there is no government and all saving is personal saving.
Economics
If U.S. securities pay 6 percent interest, and if Great Britain’s securities pay 8 percent interest, then
A. pounds depreciate relative to dollars. B. pounds appreciate relative to dollars. C. Great Britain’s imports will fall. D. Great Britain’s exports will rise.
Economics