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
Q15: Economies of scale associated with financial intermediaries
Q16: Financial intermediation is:
A) far less important than
Q17: Financial intermediation exists, in part, because:
A) financial
Q18: The reduction in transaction costs provided by
Q19: The reason financial intermediaries play such an
Q21: The usual situation in banking regarding asymmetric
Q22: Mutual funds offer investors:
A) a greater return
Q23: If a bank has 1,000 depositors, each
Q24: Asymmetric information poses two important obstacles to
Q25: Two problems that arise from asymmetric information
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