Which of the following would be considered as example of indirect finance? A. Abita borrowed $10,000 from his friend to finance his gaming business. B. Beancent invested his money in a famous mutual fund, which specialized in the technological industries. C. YNWA saves his money in bank. D. B & C E. All of the above
Which of the following would be considered as example of indirect finance? A. Abita borrowed $10,000 from his friend to finance his gaming business. B. Beancent invested his money in a famous mutual fund, which specialized in the technological industries. C. YNWA saves his money in bank. D. B & C E. All of the above
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 1SCQ: Answer these three questions about early-stage corporate finance: Why do very small companies tend...
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Which of the following would be considered as example of indirect finance?
A. Abita borrowed $10,000 from his friend to finance his gaming business.
B. Beancent invested his money in a famous mutual fund, which specialized in the
technological industries.
C. YNWA saves his money in bank.
D. B & C
E. All of the above
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