Each of the following is an example of a financial intermediary EXCEPT a:
A. commercial bank.
B. credit union.
C. savings and loan association.
D. bond market.
Answer: D
You might also like to view...
An increase in the demand for Treasury bills will
A) eventually cause households to hold less money. B) decrease the price of Treasury bills. C) increase the opportunity cost of holding money vs. Treasury bills. D) decrease the interest rate on Treasury bills.
Markets can be missing:
A. because public policy prevents the market from existing. B. when the production of a particular good is banned. C. because of a lack of accurate information between potential buyers and sellers. D. All of these are true.
Suppose the real wage of a worker remains unchanged between Year 1 and Year 2 but the nominal wage decreases from $20 in Year 1 to $18 in Year 2 . This implies that the price level has: a. increased by 20 percent. b. increased by 25 percent. c. remained unchanged
d. fallen by 10 percent. e. fallen by 20 percent.
The demand curve faced by a dominant firm in an oligopoly model is the difference between the market demand and the supply that the fringe will produce at each price
Indicate whether the statement is true or false