Andy Keeps His Savings in a Money Market Mutual Fund

question 96

Multiple Choice

Andy keeps his savings in a money market mutual fund, Ben keeps his savings invested in U.S.savings bonds, Charlie keeps his in a bank, and Beth uses her savings to buy the stocks of a company.Given this information, who among the following individuals is using direct finance?

• A)Andy
• B)Ben
• C)Charlie
• D)Beth

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