Which of the following is NOT a role of financial institutions?

A) moving funds from savers to borrowers
B) spreading out risk-bearing
C) printing money for borrowers
D) moving funds though time


Answer: C

Business

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Initial estimates of the probabilities of events are known as _____ probabilities.

A. subjective B. posterior C. conditional D. prior

Business

For a company to translate its performance of value chain activities into a competitive advantage, it must

A. have at least three distinctive competencies. B. have more competitive assets than competitive liabilities. C. have competencies that allow it to produce the highest-quality product in the industry. D. have more core competencies than rivals. E. undertake ongoing and persistent efforts to be cost-efficient and develop differentiation advantages.

Business

______ steps can be used to implement the theory of constraints, beginning with the bottleneck operation.

A. Two B. Three C. Four D. Five

Business

Collaboration is a mutually beneficial and well-defined _____________ entered into by two or more _______________ to achieve results they are more likely to achieve together than alone.

a. Results and relationships b. Organization and relationships c. Relationship and organizations d. Organization and results

Business