Financial intermediaries in the financial system acquire funds from ________ and lend funds to ________.
a) savers; other savers
b) savers; borrowers
c) borrowers; savers
d) borrowers; other borrowers
Ans: b) savers; borrowers
You might also like to view...
When effects are irreversible, it may be sensible to treat their possible causes even if they cannot be identified with certainty
Indicate whether the statement is true or false
Labor productivity is measured as the
A. Dollar value of inputs per unit of output. B. Hourly wage rate divided by output per labor-hour. C. Dollar value of output per unit of labor. D. Output per labor-hour.
In the short run, if the Fed undertakes expansionary monetary policy, the effect will be to shift the:
A. AD curve in to the left. B. SAS curve down. C. SAS curve up. D. AD curve out to the right.
Bob is not considered unemployed if he
A. is temporarily laid off. B. is not working but has looked for a job for the past two months. C. is not looking for a job. D. all of the above.