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A market where loans are made to borrowers
a- Transaction costs
b- Fiancial inventory
c- Reserves
d- loan market
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- Which financial Market do Retail credit products e.g. Mortgage bonds, short term loans, long term loans fall intoWhen an asset is traded for goods and services it is serving the function of a A. store of value B. unit of account C. loanable fund D. medium of exchangeDefine what is meant by (pure) credit rationing. Save Answer
- Which among the following statements is not true about Savings bank deposits? It is meant for small income groups O Interest is allowed on the credit balance of this account. O It promotes the habit of thrift among depositors O There is no restriction on the amount that can be withdrawn at a particular timeWhich of the following is a personal financial asset? a. A payday loan b. A mortgage loan c. A savings account d. A credit card balanceThe amount which from the transaction entered by the person who borrows money called the debtor or maker and the person who lends money called creditor or lender.
- The return a lender receives for allowing borrowers the use of their savings for one year, calculated as a percentage of the amount borrowerd a- desinflation b- real interest rate c-nominal interes rate d- interest rate____________ is the extra sum the money lender charges from the borrower for deferred payment a. None of the options b. Income c. Profit d. RevenueThe borrower's financial ability to meet credit obligations is called:O Capital.O Capacity.O Character.Collateral.O Conditions.