The financial system consists of financial ________, such as commercial banks, and financial markets, such as the stock market.
A. allocations
B. brokers
C. intermediaries
D. corporations
Answer: C
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Irving Fisher took the view that the institutional features of the economy which affect velocity change ________ over time so that velocity will be fairly ________ in the short run
A) rapidly; erratic B) rapidly; stable C) slowly; stable D) slowly; erratic
The value of a loan of $2,000 after a year at 2 percent interest is:
A. $4,000. B. $2,020. C. $2,040. D. $2,400.
Identify the statement which is true about bargaining
a. There is a strong relationship between bargaining power and education. b. The distribution of prices within the zone of agreement has a high standard deviation. c. Average final prices are often near the halfway mark between valuation and opportunity cost and there is hardly any deviation from this. d. There is a strong relationship between bargaining power and income.
Natural resource
What will be an ideal response?