An investment banker is not a financial intermediary because
A. it does not transfer money from investors to firms.
B. it does not create claims on itself.
C. it does facilitate the transfer of funds.
D. it creates claims on itself.
Answer: B
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Natural resources are anything:
A. any raw material that becomes a component in a manufactured good. B. that is alive in the natural world. C. provided by nature on which people depend. D. that is used for food or fuel.
Rapid urbanization of populations combined with industrialization in the emerging markets is quickly shifting the world's economic center of gravity from
A. China to India. B. the United States to South America. C. the Americas and Europe to Asia. D. East Asia to South America. E. Europe and Asia to Africa.
Which of the following forms of tenancy involves the possession of property without right?
A) tenancy at sufferance B) periodic tenancy C) tenancy for years D) tenancy at will
Which organizational socialization stage begins when the individual signs an employment contract and learns more about what the organization is really like?
a. Context phase b. Change and acquisition phase c. Anticipatory socialization d. Encounter phase