A _____________is a market for securities (debt or equity), where business enterprises (companies) and governments can raise long-term funds.
A. money market
B. capital market
______________ are securities that represent a debt owed by the issuer to the investor.
A. Mutual Fund
B. Mortgages
C. Stocks
D. Bonds
The primary issuers of capital market securities are________________________________________.
A. central government
B. local government
C. corporations
D. households
______________ are loans to households or firms to purchase housing, land, or other real structure, where the structure or land itself serves as collateral for the loans.