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Author Question: Indirect finance refers to the flow of funds from savers to borrowers through financial ... (Read 157 times)

Anajune7

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on: Jun 29, 2018
Indirect finance refers to the flow of funds from savers to borrowers through financial intermediaries.
 
  Indicate whether the statement is true or false

Question 2

Refer to the Article Summary. All else equal, a depreciation of the Chinese yuan relative to a currency such as the U.S. dollar should ________ the current account balance in China and therefore ________ the financial account balance in China.
 
  A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase


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Carliemb17

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Anajune7

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

milbourne11

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Reply 3 on: Yesterday
:D TYSM

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