d ANSWER: Asavingsandloanassociationisanexampleofwhichtypeoffinancialintermediary? commercialbank investmentcompany financecompany thriftinstitution d ANSWER: Inanyeconomyasawhole,theactualsavingsforagivenperiodoftimemust theactualinvestments. begreaterthan beunrelatedto equal belessthan c ANSWER: Financialintermediaries issuesecondaryclaimstothelender arecompensatedfortheirservicesbyfixedfees includebothbrokersanddealers issueprimaryclaimstothelender a ANSWER: Themainpurposeofaneconomy'sfinancialsystemistofacilitatethetransferoffundsfrom financialmiddlementofinancialintermediaries surplusspendingunitstodeficitspendingunits primaryclaimholderstosecondaryclaimholders lenderstofinancialintermediaries b ANSWER: Moneymarketsdealinsecuritieshavingmaturitiesof ;capitalmarketsecuritieshavematurities . lessthan18months,greaterthan18months oneyearorless,greaterthanoneyear lessthan9months,greaterthan9months lessthan6months,greaterthan6months b ANSWER: Commercialbanksareanimportantsourceof mortgageloans equityloans realestateloans short-termloansandtermloans
ANSWER: d Asavingsandloanassociationisanexampleofwhichtypeoffinancialintermediary? commercialbank investmentcompany financecompany thriftinstitution ANSWER: d Inanyeconomyasawhole,theactualsavingsforagivenperiodoftimemust theactualinvestments. begreaterthan beunrelatedto equal belessthan ANSWER: c Financialintermediaries issuesecondaryclaimstothelender arecompensatedfortheirservicesbyfixedfees includebothbrokersanddealers issueprimaryclaimstothelender ANSWER: a Themainpurposeofaneconomy'sfinancialsystemistofacilitatethetransferoffundsfrom financialmiddlementofinancialintermediaries surplusspendingunitstodeficitspendingunits primaryclaimholderstosecondaryclaimholders lenderstofinancialintermediaries ANSWER: b Moneymarketsdealinsecuritieshavingmaturitiesof ;capitalmarketsecuritieshavematurities . lessthan18months,greaterthan18months oneyearorless,greaterthanoneyear lessthan9months,greaterthan9months lessthan6months,greaterthan6months ANSWER: b Commercialbanksareanimportantsourceof mortgageloans equityloans realestateloans short-termloansandtermloans