Asked by Brooke Jefferson on May 21, 2024
Verified
Lenders buy bonds and borrowers sell them.
Borrowers Sell
A term that is not typically used in economics; likely refers to the action of borrowers selling assets to meet debt obligations.
- Recognize the role of lenders and borrowers in the bond market.
Verified Answer
RW
Rachel Woon Pin YueMay 23, 2024
Final Answer :
True
Explanation :
Lenders effectively buy bonds to lend money to the issuer (borrower), who sells the bonds to raise funds.
Learning Objectives
- Recognize the role of lenders and borrowers in the bond market.
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