A bank provides:
A) liquidity; that is, access to cash when and where you want it.
B) liquidity; that is, it connects buyers to sellers to ease saving and borrowing.
C) risk diversification; that is, access to cash when and where you want it.
D) risk diversification; that is, connecting buyers and sellers to ease saving and borrowing.
Correct Answer:
Verified
Q1: An example of a buyer in a
Q2: Because a bank has a very large
Q3: The market for loanable funds is a
Q4: Moral hazard describes a scenario in which:
A)
Q6: Banks act as:
A) an organizer among firms
Q7: Two common economic problems that may arise
Q8: An example of a seller in a
Q9: Information asymmetries are defined to be when:
A)
Q10: A bank acts as _ between buyers
Q39: Banks act as an intermediary between savers
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