This topic contains a solution. Click here to go to the answer

Author Question: Primary and secondary markets are markets for short-term and long-term securities, respectively. ... (Read 147 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vish98

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

FALSE

Answer to Question 2

Answer: B




big1devin

  • Member
  • Posts: 583
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library