If Firm A's Business Is to Obtain Savings from Individuals

question 8

True/False

If Firm A's business is to obtain savings from individuals and then invest them in financial assets issued by other firms or individuals, Firm A is a financial intermediary.

---

Definitions:

Phallic Stage

A phase in Freudian psychosexual development, occurring from ages 3 to 6, where children's focus of libido is concentrated in the genital area.

Development Stage

Refers to a period or phase in an individual's life or in the evolution of a product or concept that represents a state of growth or progress.

Mowrer's Two-factor Theory

A psychological theory that explains learning and behavior as a combination of classical conditioning and operant conditioning.

Burrhus F. Skinner

A prominent American psychologist best known for his work in behaviorism and the development of the theory of operant conditioning.