TEST BANK FOR Financial Markets and Institutions, 10th Edition By Jeff Madura Chapter 1-25 Chapter 1—Role of Financial Markets and Institutions
1. Financial market participants who provide funds are called a. deficit units. b. surplus units. c. primary units. d. secondary units. ANS: B
PTS: 1
2. The main provider(s) of funds to the U.S. Treasury is (are) a. households and businesses. b. foreign financial institutions. c. the Federal Reserve System. d. foreign nonfinancial sectors. ANS: A
PTS: 1
3. The largest deficit unit is (are) a. households and businesses. b. foreign financial institutions. c. the U.S. Treasury. d. foreign nonfinancial sectors. ANS: C
PTS: 1