The Reduction in Transactions Costs Brought About by Financial Intermediaries

question 29

Multiple Choice

The reduction in transactions costs brought about by financial intermediaries benefits

• A)small savers, but not small borrowers.
• B)small borrowers, but not small savers.
• C)both small savers and small borrowers.
• D)society through greater economic efficiency; small savers and borrowers do not gain directly.

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Definitions:

Epidermis

The most external layer of the skin, responsible for creating the skin tone and serving as a waterproof barrier.

Impermeable

The quality of a material or membrane that does not allow fluids or gases to pass through it.

Oozing Lesions

Refers to wounds or sores that exude fluid, often seen in infections or skin conditions.

Honey-Colored Crust

A description typically used for the appearance of sores or lesions, often associated with impetigo, that form a golden-yellow crust.