Which of the following explains the relevance of financial institutions?   Financial institutions allow governments to print money.   Financial institutions provide the main source of funding for start-ups.   Financial institutions create profits for depositors.   Financial institutions spur economic activity by providing credit for business expansion.

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section1.5: The Business Cycle
Problem 3CC
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  1. Which of the following explains the relevance of financial institutions?

 

  1. Financial institutions allow governments to print money.

 

  1. Financial institutions provide the main source of funding for start-ups.

 

  1. Financial institutions create profits for depositors.

 

  1. Financial institutions spur economic activity by providing credit for business expansion.
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