All of the Following Are Sources of Loanable Funds EXCEPT

question 55

Multiple Choice

All of the following are sources of loanable funds EXCEPT

• A) business investment.
• B) private saving.
• C) government budget surplus.
• D) international borrowing.

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Definitions:

Pretax Financial Income

Income calculated before taxes are applied, representing a company's earnings based solely on its operations and other financial activities.

Income Taxes Payable

The amount of income taxes that a company has accrued but has not yet paid to the tax authority.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life.

Percentage Depletion

A tax deduction method for accounting natural resource depletion, calculated as a percentage of gross income from the resource.