Automated teller machines provided by financial intermediaries are an example of:
A) High transactions costs associated with financial intermediaries
B) Diseconomies of scale
C) The ability of financial intermediaries to provide liquidity
D) The ability of financial intermediaries to earn profits by raising transaction costs above the norm
Correct Answer:
Verified
Q2: The function of providing liquidity by financial
Q4: Financial intermediaries pool the resources of many
Q5: Financial intermediation is:
A)Far less important than direct
Q6: Economies of scale associated with financial intermediaries
Q8: Financial intermediaries, through their ability to lower
Q9: The fact that financial intermediaries employ experts
Q10: Which of the following is not a
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
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