Which of the following statements best completes the following statement: "Over the past 30 years, the percentage(s) of assets for all financial intermediaries¼"?

Question

Quizplus · Accepted Answer

The statement is discussing the percentage of assets controlled by financial intermediaries over the past 30 years. The sentence suggests that there has been a decrease in the percentage of assets controlled by banks and insurance companies, while there has been an increase in the percentage controlled by mutual funds and pensions. Choice A is incorrect because it suggests that insurance companies have increased their percentage while mutual funds have decreased, which is not supported by the statement. Choice B is incorrect because it suggests that banks have increased their percentage while insurance companies and mutual funds have decreased, which is also not supported by the statement. Choice D is incorrect because it suggests that all four types of intermediaries have increased their percentage, which does not align with the statement's indication of decreases for some intermediaries.

Which of the Following Statements Best Completes the Following Statement