A Loan from a Stockbroker,based on the Stocks and Bonds

question 72

Multiple Choice

A loan from a stockbroker,based on the stocks and bonds in the customer's portfolio:

• A)tends to be at a higher rate than a bank but easier to obtain.
• B)can be "called" for payment in a matter of hours or days.
• C)is for a maximum of $50,000.
• D)has a fixed repayment schedule and must be paid within 90 days.

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Definitions:

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Circular-flow Diagram

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