One factor contributing to the rapid growth of the commercial paper market since 1970 is
A. the fact that commercial paper has no default risk.
B. improved information technology making it easier to screen credit risks.
C. government regulation.
D. FDIC insurance for commercial paper.
Answer:B
One factor contributing to the rapid growth of the commercial paper market since 1970 is
A. the fact that commercial paper has no default risk. B. improved information technology making it easier to screen credit risks. C. government regulation. D. FDIC insurance for commercial paper.