An investment intermediary that lends funds to consumers is

A) a finance company.
B) an investment bank.
C) a finance fund.
D) a consumer company.


A

Economics

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When the price of tacos rises 4 percent, the quantity demanded decreases 10 percent. What is the price elasticity of demand for tacos?

A) 40.0 B) 25.0 C) 0.4 D) 2.5 E) 10.0

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A production possibilities frontier that is a downward-sloping straight line implies

A) economies of scale. B) diseconomies of scale. C) economies of scope. D) no economies of scope.

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In dollar value, the nominal GDP in the United States is

a. between 5 and 6 billion. b. between 8 and 9 billion. c. between 8 and 10 trillion. d. between 13 and 15 trillion.

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Which of the following would be an asset to a bank?

a. cash in the vault b. a loan to a university student c. a government security d. All of the above are correct.

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