When the amount of direct and indirect financing are summed, the result is usually:
A) Greater than 100% of GDP
B) Equal to GDP
C) Less than GDP
D) Approximately 50% of GDP
Correct Answer:
Verified
Q9: The fact that financial intermediaries employ experts
Q10: The fact that a financial intermediary can
Q11: Financial intermediaries, through their ability to lower
Q12: Financial intermediaries:
A)Increase the cost of financial transactions
Q13: Financial institutions, acting as financial intermediaries, perform
Q15: The reduction in transaction costs provided by
Q16: Financial intermediation exists, in part, because:
A)Financial markets
Q17: If financial intermediaries did not have the
Q18: The reason financial intermediaries play such an
Q19: Examples of economies of scale are:
A)The additional
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