If financial markets were perfect, financial intermediaries would
A) be illegal.
B) handle roughly half of all finance.
C) be the conduit of all finance.
D) probably not exist.
D
Economics
You might also like to view...
Why do some firms price discriminate? Relate your answer to the common practice of public colleges charging lower tuition to in-state students and higher tuition to out-of-state students
What will be an ideal response?
Economics
Public housing is an example of
A. Money income. B. In-kind income. C. Personal expenditure. D. Free goods.
Economics
Demand for a specific brand ______ demand for the corresponding product category.
Fill in the blank(s) with the appropriate word(s).
Economics
Economists usually assume that ________ is a variable input in the ________ run.
A. capital; short and long B. labor; short and long C. labor; short D. capital; short
Economics