首页
登录
职称英语
Whereas the money markets provide very short-term loans, the capital market
Whereas the money markets provide very short-term loans, the capital market
游客
2025-06-20
29
管理
问题
Whereas the money markets provide very short-term loans, the capital market takes account of medium and long-term loans. It serves the needs of industry and commerce, government and local authorities. Private sector firms borrow their working capital (current assets minus current liabilities) from the money market, which used to be mainly via commercial banks; the role of banks as middlemen has now diminished, even for the working capital requirements. Private sector firms raise their fixed capital by the issue of shares or commercial paper bonds. Government and local authorities borrow medium and long-term capital by issuing gilt-edged stocks and bonds. The main market place for lending and borrowing medium and long-term capital in the UK is the Stock Exchange in London. [br] In the UK commercial banks often raise funds by issuing bonds and stocks.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
C
解析
文中最后一句仅说The main market place for lending and borrowing medium and long-term capital in the UK is the Stock Exchange in London.,并没有提及英国商业银行常常通过发行股票和债券进行融资(raise funds)。
转载请注明原文地址:http://tihaiku.com/zcyy/4126098.html
相关试题推荐
Themarketforlargebusinesscertificatesofdepositornegotiablecertific
Theunderlyingpurposeofaccountingistoprovide______fordecisionmakingab
Thereareavarietyoffinancialproductsavailableinthemarkets,suchasA-sh
Intheforeignexchangemarket,whichismadeupofbanks’tradersandbrok
Intheforeignexchangemarket,whichismadeupofbanks’tradersandbrok
Intheforeignexchangemarket,whichismadeupofbanks’tradersandbrok
______measurethecompany’sabilitytomeetshort-termobligationsthroughthe
Themoneymarketisadealermarketwhere,overthetelephoneorthroughelectro
[originaltext]TheTokyostockmarketrespondedcalmlyyesterdaytothecoll
Capitalisatthetopofanybanksupervisor’slist.Themostbasicformof
随机试题
Bobhas40coinsconsistingonlyofdimesandquarters.Ifthenumberofdimesi
Theconstitutionofa______societyisnotnecessarilysimple.A、previousB、preced
AbundanceWhatisabundance.a【T1】_
Anumberoffactorsrelatedtothevoicerevealthepersonalityofthespeak
A.螺旋甾烷醇型皂苷B.达玛烷型皂苷C.齐墩果烷型皂苷D.乌苏烷型皂苷E.羽扇豆
A.-3B.1C.4D.9
水文地质条件不良的土质路堑,路床土湿度较大时,宜设置()。A、防冻垫层 B、
基金托管人对基金管理人的投资运作监督结果,可以采取()等形式向基金管理人和中国证
中国人齐红与甲国人马克2013年在乙国依照乙国法律登记结婚,婚后二人定居在北京,
下列施工质量保证体系的内容中,属于工作保证体系的是()。A.明确施工质量目标
最新回复
(
0
)