Which of the Following Is Not Correct

question 18

Multiple Choice

Which of the following is not correct?

• A) By saving a larger portion of its GDP, a country can raise its output per worker.
• B) Savers supply their money to the financial system with the expectation that they will get it back with interest at a later date.
• C) Financial intermediaries are the only type of financial institution.
• D) The financial system helps match people's saving with other people's borrowing.

---

Definitions:

Date of Payment

The specific date on which a declared dividend is paid out to shareholders or a debt obligation is fulfilled.

Ex-Dividend

A status indicating that a stock is trading without the right to receive the most recently declared dividend.

Declared Dividends

Dividends announced by a company's board of directors that are to be paid out to shareholders.

High-Dividend-Payout

Strategy by which a firm distributes a significant portion of its profits in the form of dividends to its shareholders.