BSA 101 (BSA 101 (BSA101))

BSA 101 TEST BANK CHAPTER 1 TRUE/FALSE QUESTIONS 1. The purpose of the financial system is to bring savers and borrowers together. 2. Businesses are never DSUs. 3. A financial claim is an “IOU” from a deficit spending unit. 4. Investment bankers help DSUs bring new primary security issues to market. 5. Deposits in a credit union by a household are an example of direct finance. 6. When an SSU owns a financial claim created by financial intermediation, its residual claim is against a DSU. 7. A...

Exam (elaborations) BSA 101 (BSA101) (BSA 101 (BSA101)) BSA 101 Testbank Financial Management- Polytechnic University of the Philippines

Exam (elaborations) BSA 101 (BSA101) (BSA 101 (BSA101)) BSA 101 Testbank Financial Management- Polytechnic University of the Philippines