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Author Question: Primary and secondary markets are markets for short-term and long-term securities, respectively. ... (Read 197 times)

big1devin

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on: Jul 11, 2018
Primary and secondary markets are markets for short-term and long-term securities, respectively.
 
  Indicate whether the statement is true or false

Question 2

At its most basic level, the function of financial intermediaries is to ________.
 
  A) track and report interest rates
  B) move money from lenders to borrowers and back again
  C) report all financial transactions to the federal government
  D) effect a transfer of wealth in society


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vish98

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Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

Answer: B


big1devin

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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