The Three Main Types of Unsecured Short-Term Loans Are Which

question 116

Multiple Choice

The three main types of unsecured short-term loans are which of the following?

• A) trade credit, bank loans, and commercial paper
• B) treasury bills, certificates of deposit, and accounts payable
• C) trade credit, accounts payable, and bank loans
• D) accounts payable, notes payable, and loans payable

---

Definitions:

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near money.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash and bank deposits.

Narrow Measure

A term often used in economics and finance to refer to a specific, targeted way of measuring an aspect of the economy or market.

Banking System

The network of banking institutions and regulations that provide financial services to individuals, businesses, and the government.