Which of the following is a main characteristic of direct finance? O a) Borrowers go directly to savers for funds. O b) Savers borrow funds from lenders directly. Oc) Banks are the institutions that connect savers with borrowers directly. O d) Borrowers deposit funds into banks, which then loan these funds to savers. O e) Savers deposit funds into banks, which then loan these funds to borrowers.

Which of the following is a main characteristic of direct finance? O a) Borrowers go directly to savers for funds. O b) Savers borrow funds from lenders directly. Oc) Banks are the institutions that connect savers with borrowers directly. O d) Borrowers deposit funds into banks, which then loan these funds to savers. O e) Savers deposit funds into banks, which then loan these funds to borrowers.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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