How Have the Innovations of Global Financial Networks and Computerized

question 110

Multiple Choice

How have the innovations of global financial networks and computerized money and information transfer systems changed financial intermediation?

• A)Financial intermediation has become riskier because it is more difficult to stay informed about worldwide events.
• B)Financial intermediation has become more costly because it is necessary to invest in high cost technology.
• C)Financial intermediation has been unaffected.
• D)Financial intermediation has become more costly as global firms exploit economies of scale and scope.
• E)Financial intermediation has become less risky as firms become adept at maintaining zero gap positions.

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Definitions:

Neuron

A specialized cell transmitting nerve impulses; a fundamental unit of the brain and nervous system, responsible for receiving, processing, and transmitting information.

Motor Neuron

A type of neuron that sends impulses from the central nervous system to a muscle or gland, prompting action.

Dendrite

The branched projections of a neuron that receive electrochemical stimulation from other neural cells.

Axon

A long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.