An example of a "contractual saving" financial intermediary is
A) a commercial bank.
B) an insurance company.
C) a money market mutual fund.
D) a credit union.
B
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An external cost is:
A. the cost of a warehouse. B. a cost of production in some other market. C. the economic harm that a positive externality imposes on others. D. the economic harm that a negative externality imposes on others.
In the United States from 1981 to 2013, deaths from all of the following declined substantially except
A) heart attacks. B) kidney disease. C) cancer. D) strokes.
The name economists give the process by which stockholders gather information by frequent monitoring of the firm's activities is
A) costly state verification. B) the free-rider problem. C) costly avoidance. D) debt intermediation.
How have financial innovations such as direct deposit of paychecks, electronic payment of bills, and automated teller machines (ATMs) affected the velocity of money and the demand for real money balances?
What will be an ideal response?