Firms that extend credit to borrowers using funds raised from savers are called:
A. bond dealers.
B. central banks.
C. financial intermediaries.
D. stock brokers.
Answer: C
You might also like to view...
According to the article, we can conclude that the standard of living
A) is higher in Brazil because its citizens feel more control over their lives and have experienced job and wage growth. B) is higher in Japan because their life expectancy is longer. C) is higher in Japan because its GDP is higher. D) might be higher in Japan because it has a higher per capita real GDP but other factors such as Brazilians' satisfaction with their lives and economic growth should be considered when determining economic well-being.
Over time, aggregate demand and aggregate supply grow by the same amount
a. True b. False Indicate whether the statement is true or false
Which of the following is an example of a positive, as opposed to normative, statement?
a. Inflation is more harmful to the economy than unemployment is. b. If welfare payments increase, the world will be a better place. c. Prices rise when the government prints too much money. d. When public policies are evaluated, the benefits to the economy of improved equality should be considered more important than the costs of reduced efficiency.
When there is an expansionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.
A. decline; raise; decline B. decline; lower; decline C. decline; lower; expand D. increase; raise; decline