Finance Companies Perform All of the Following Functions, Except

question 50

Multiple Choice

Finance companies perform all of the following functions, except:

• A) issue commercial paper and securities.
• B) take deposits.
• C) make loans.
• D) lease equipment to firms.

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Definitions:

Spending

The action of using money to purchase goods or services.

Spending

The act of using money to purchase goods or services.

Income

Funds obtained, often on a recurring schedule, as a result of work or investment profits.

Government Intervention

Actions taken by the government to influence the economy or society, ranging from regulations and taxes to subsidies and direct support.