The financial system consists of financial ________, such as commercial banks, and financial markets, such as the stock market.
A. intermediaries
B. allocations
C. brokers
D. corporations
Answer: A
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If you have private information that you are a safer driver than your record indicates, you are likely to buy an insurance policy with
A) a higher than average deductible. B) a positive but lower than average deductible. C) an average deductible. D) no deductible.
Economic progress
A) reflects that people are achieving higher income levels and living standards. B) requires that individuals work longer hours. C) indicates that scarcity is no longer a problem. D) indicates income levels are higher even though environmental and health conditions have worsened.
Fungibility is the property of an entity whose individual units:
A. are interchangeable. B. are less valuable when used together. C. are nearly impossible to identify. D. each serve a unique purpose.
Describe the history and consequent deepening as the European Union developed. Which treaties created which level of economic integration? Do countries have the ability to participate in some levels of integration and not others? Give specific examples
What will be an ideal response?