The term ‘loanable funds' refers to: a. only those funds loaned by one bank to another bank. b. only those funds loaned to banks by the public. c. only those funds loaned to banks by the central bank. d. all those funds changing hands between the lenders and borrowers in the financial markets.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter17: The Management Of Cash And Marketable Securities
Section: Chapter Questions
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The term ‘loanable funds' refers to:
a.
only those funds loaned by one bank to another bank.
b.
only those funds loaned to banks by the public.
c.
only those funds loaned to banks by the central bank.
d.
all those funds changing hands between the lenders and borrowers in the financial markets.
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