An example of "indirect finance" is
(a) you make a loan to a fellow student who uses the funds to buy common stock
(b) you buy a government bond from the US Treasury
(c) you deposit funds into your checking account which the bank uses to make a loan to a fellow student
(d) a corporation buys 5% of the common stock of another corporation
A bank that has no excess reserves but wants to make additional? loans can obtain new reserves by
(a) borrowing from other banks
(b) borrowing from the Federal Reserve
(c) taking in new deposits
(d) all of the above
