Which of the Following Statements Is False

question 33

Multiple Choice

Which of the following statements is false?

• A) The process of channeling savings into investment through the use of a financial institution or intermediary results in no real economic value
• B) During the early years of the history of the United States, foreigners purchased significant volumes of federal government securities.
• C) Most funds raised in the credit sector are by households.
• D) Consumer mortgages can be fixed rate or adjustable rate.