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A savings-surplus unit is an entity: Select one: a. whose income exceeds its spending b. that needs to borrow funds from a surplus unit c.

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A savings-surplus unit is an entity: Select one: a. whose income exceeds its spending b. that needs to borrow funds from a surplus unit c. called a company d. whose spending exceeds its income Which of the following is a role of a bank? Select one: a. Attracting funds from the capital markets to facilitate borrowing by the household sector b. Facilitating the flow of funds from borrowers to lenders c. Facilitating the flow of funds from savers to borrowers d. Managing the level of interest rates Which one of the following statements is related to capital budgeting? Select one: a. A firm should consider various types of loans offered by various lenders before taking out a loan. b. A firm should consider assets that will generate cash flows. c. A firm should monitor the ratio of debt to equity financing which it uses. d. A firm should monitor the amount of its current assets as compared to its current liabilities

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