Financial capital includes Q A. money, stocks, and bonds, which are capital because they provide businesses with financial resources O B. money, stocks, and bonds, which are not capital because they are not used to produce goods and services OC. banks and credit unions, which are capital because they are used to produce financial services OD. the nation's banking system, which is capital because it is the backbone of the economy

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 14QP
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Financial capital includes
A. money, stocks, and bonds, which are capital because they provide businesses with financial resources
O B. money, stocks, and bonds, which are not capital because they are not used to produce goods and services
O C. banks and credit unions, which are capital because they are used to produce financial services
O D. the nation's banking system, which is capital because it is the backbone of the economy
Transcribed Image Text:Financial capital includes A. money, stocks, and bonds, which are capital because they provide businesses with financial resources O B. money, stocks, and bonds, which are not capital because they are not used to produce goods and services O C. banks and credit unions, which are capital because they are used to produce financial services O D. the nation's banking system, which is capital because it is the backbone of the economy
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