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
19
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] Nowadays a private business usually obtains its working capital through a commercial bank.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
B
解析
第三句话指出Private sector firms borrow...even fir the working capital requirements.意为货币市场代替了银行为企业运营资金的功能,银行作为中介人,在这业务上也处于收缩状态。
转载请注明原文地址:https://tihaiku.com/zcyy/4126097.html
相关试题推荐
Besidesacurrentorspotpriceforcurrencies(ormonies)andspotmarkets,
Besidesacurrentorspotpriceforcurrencies(ormonies)andspotmarkets,
Besidesacurrentorspotpriceforcurrencies(ormonies)andspotmarkets,
Regulationofthemoneysupplyandfinancialmarketsisreferredtoas______.A、
[originaltext]AlthoughCDscannotbewithdrawn,theycanbemarketed,thatiss
Themarketforlargebusinesscertificatesofdepositornegotiablecertific
Thereareavarietyoffinancialproductsavailableinthemarkets,suchasA-sh
Intheforeignexchangemarket,whichismadeupofbanks’tradersandbrok
Intheforeignexchangemarket,whichismadeupofbanks’tradersandbrok
Intheforeignexchangemarket,whichismadeupofbanks’tradersandbrok
随机试题
______authoredTheWrathofGrapes.A、SteinbeckB、FitzgeraldC、HemingwayD、Faulkn
Thequalityofuniversitylifeisdecliningunderstrainfromthehigheredu
Agoodmodernnewspaperisanextraordinarypieceofreading.Itisremarka
关于血液的理化性质,下列叙述正确的是A.人体重的10%~12% B.血液的pH
食物过敏在数年后可能发展为A.溃疡性结肠炎 B.自身免疫性肝炎 C.湿疹
张老师在讲解时差时,设计了如下的问题来引导学生自主学习: (1)小明跟随者父
下列哪一张图能反映2012年清洁能源机组并网容量中水电、核电和新能源发电的构
胖大海的功效是A.止咳平喘,润肠通便 B.敛肺平喘,止带缩尿 C.清宣肺气,
(2011年真题)甲公司于4月1日向乙公司发出订购一批实木沙发的要约,要求乙公司
树立共享发展理念,就必须坚持()。A.全民共享 B.绿色共享 C.共建
最新回复
(
0
)