Question: A loan is a: Question 24 options: A) liability for the lender and an asset for the borrower. B) physical asset that is traded in

A loan is a: Question 24 options: A) liability for the lender and an asset for the borrower. B) physical asset that is traded in financial markets. C) claim on a bank that obliges the bank to provide funds to a lender. D) liability for the borrower and an asset for the lender. Question 25 (4 points) Listen Diversification in investment is achieved when: Question 25 options: A) the government invests in several projects of different lengths to increase total output. B) a business produces multiple unrelated products so that the firm can maximize profit. C) an economy trades with multiple trading partners for maximum benefit. D) an individual invests in several assets with independent or unrelated risks so that total risk from loss is reduced

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