A Majority of Lending from Savers to Borrowers Takes Place

question 77

Multiple Choice

A majority of lending from savers to borrowers takes place through

• A)financial intermediaries.
• B)stock and bond markets.
• C)direct lending by the government.
• D)private transactions among friends and relatives.

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Definitions:

Myelinated Axons

Axons that are coated with a protective layer of myelin, which helps to speed the transmission of electrical signals along the nerve cells.

Gray Matter

Gray matter and is a component of the brain and spinal cord, consisting of neuronal cell bodies, dendrites, and unmyelinated axons, playing a crucial role in processing information.

Refractory Period

The time after an action potential during which a neuron’s cell membrane is unprepared for the next action potential.

Action Potential

A brief electrical impulse that travels down a neuron, triggering the release of neurotransmitters.