Financial intermediaries make the allocation of resources more efficient by
A) Transferring purchasing power from savers to dissavers.
B) Lending or investing the savings they hold.
C) Reducing search and information costs for savers and investors.
D) Spreading risk out over many individuals.
Correct Answer:
Verified
Q1: The present discounted value of a future
Q3: Present discounted value refers to the
A)Future value
Q4: Which of the following is an example
Q9: Which of the following statements about money
Q10: If the interest rate is 8 percent,then
Q11: The supply of loanable funds is determined
Q12: The function of financial intermediaries is to
Q13: An institution that makes savings available to
Q17: Which of the following is an example
Q19: Higher interest rates
A)Reflect a higher opportunity cost
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