Examples of economies of scale are:
A) The additional fees financial intermediaries charge on small accounts
B) The decrease in overall transaction costs that occur as volume increases
C) The reduction in the cost per transaction that occurs as the number of transactions increase
D) The decrease in overall information costs that occurs as more transactions are handled
Correct Answer:
Verified
Q14: When the amount of direct and indirect
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
Q20: One reason financial intermediaries earn profits is
Q21: When a bank takes savings from many
Q22: The usual situation in banking regarding asymmetric
Q23: Lines of credit provided by financial intermediaries:
A)Decrease
Q24: Most individuals save at banks rather than
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