Which of the Following Does NOT Represent a Way in Which

question 87

Multiple Choice

Which of the following does NOT represent a way in which financial intermediaries take advantage of economies of scale?

• A)Paying lower brokerage fees per dollar invested
• B)Paying lower legal fees per dollar invested
• C)Purchasing sophisticated computer systems
• D)Paying lower taxes per dollar invested

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Definitions:

Communicating

Communicating is the process of sharing information, thoughts, or feelings between people through speaking, writing, or body language.

Systematic Desensitization

A behavior therapy that is based on classical conditioning and used to treat fears by training clients in deep muscle relaxation and then having them confront a graduated series of anxiety-producing situations (real or imagined) until they can remain relaxed while confronting even the most feared situation.

Empathy

The ability to understand and share the feelings of another, mentally placing oneself in another's situation.

Person-Centered Therapist

A type of psychotherapist who follows the principles of person-centered therapy, focusing on providing a supportive environment that encourages self-discovery and self-acceptance.