Financial Intermediaries Are Able to Exploit Economies of Scale Since

question 22

Multiple Choice

Financial intermediaries are able to exploit economies of scale since

• A)the equipment or expertise necessary for one transaction can be applied to other transactions.
• B)they have special licenses needed to perform financial transactions.
• C)financial markets fail to do so.
• D)they can reduce transactions cost, but not information costs.

---

Definitions:

Youth Gangs

are groups of young individuals who come together based on shared interests or identity, often associated with crime and anti-social behavior.

United States

A federal republic in North America comprising 50 states, known for its significant influence on global politics, economy, and culture.

Gang Members

Individuals who belong to a group that is typically involved in criminal activities and identifies itself as a discernible entity.

Indirect Measures

Approaches or techniques that assess outcomes or traits not through direct observation or inquiry, but through proxy indicators or related factors.