Financial intermediaries' low transaction costs allow them to provide ________ services that make it easier for customers to conduct transactions
A) liquidity
B) conduction
C) transcendental
D) equitable
A
You might also like to view...
As a method of resource allocation, force
A) is not important. B) plays a crucial negative role. C) plays a crucial positive role. D) plays a crucial role for both good and ill.
A multinational agency that specializes solely in making loans to promote long-term development and growth in developing countries is the
A) Federal Reserve System. B) World Bank. C) International Monetary Fund. D) International World Fund.
Firms would like to know the price elasticity of demand for their products because it helps determine the effect of price changes on the firms':
a. property taxes. b. competitors' profits. c. quantity supplied. d. revenues. e. total costs.
Explain the two categories of balance of payments transactions.
What will be an ideal response?