Which of the Following Statements Is False

question 17

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 the creation of one type of financial asset and one type of financial liability.
• B)During the early years of the history of the United States, foreigners purchased significant volumes of federal government securities.
• C)The single most important use of funds raised in the credit markets is by the household sector.
• D)All of the above statements are false.

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Definitions:

Plant Site

The location or real estate used for industrial or manufacturing operations.

Nominal Cost

A term often used to describe a cost that is very small or insignificant in comparison to the overall financial figures involved.

Acquired

The process in which one company obtains a majority stake in or the entirety of another company.

Donation

A gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause.