The presence of information and transactions cost result in all of the following EXCEPT
A) reduced efficiency of financial markets.
B) higher returns for savers.
C) some funds not being lent at all.
D) borrowers need to pay more for funds.
Correct Answer:
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Q1: For the most part,countries with _ of
Q4: It is generally agreed that
A) the financial
Q5: All of the following are factors that
Q6: In the 1790s,Treasury Secretary Alexander Hamilton made
Q8: Financial intermediaries reduce transactions costs by
A)charging fees
Q9: The connection between a developed country's financial
Q11: Which of the following is TRUE regarding
Q13: Information costs
A)are the costs of buying and
Q17: The presence of transactions costs and information
Q18: Financial intermediaries emerged
A)to make loans to governments.
B)to
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