Question: A loan from a bank to a household is a: phycical accet from the bank's point of view. liability from the hourehold's point of view.

A loan from a bank to a household is a:
phycical accet from the bank's point of view.
liability from the hourehold's point of view.
finunchit asset from the houscholdy point of virw.
part of the household's wealth.
A loan from a bank to a household is a: phycical

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!