ice
7. Which of the following is not a service provided by financial institutions?
A. Buying the businesses of customers
B. Investing customers' savings in stocks and bonds
C. Paying savers' interest on deposited funds
D. Lending money to customers
8. Government usually
A. borrows funds directly from financial institutions.
B. maintains permanent deposits with financial
institutions
C. is a net supplier of funds.
D. is a net demander of funds.
9. By definition, the money market involves the buying and selling of
A. funds that mature in more than one year.
B. flows of funds.
C. stocks and bonds.
D. short-term funds.
10. The
is created by a financial relationship between
suppliers and users of short-term funds
A financial market
B. money market
C stock market
D. capital market​