Financial Intermediaries Serve as Go Betweens to Link Net Lenders

question 63

Multiple Choice

Financial intermediaries serve as go betweens to link net lenders and net borrowers. Here the linkage between saver and borrower is one of

• A)direct finance
• B)indirect finance
• C)refinance
• D)compensatory finance

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Definitions:

Union Member

An individual who belongs to a labor union, an organization that represents workers' interests in bargaining and negotiations with employers.

Right-to-work Laws

Legislation that prohibits compulsory union membership as a condition of employment in certain states or countries.

Yellow Dog Contracts

Employment agreements where the employee agrees not to join a labor union, historically used by employers to prevent unionization.

Right-to-work Laws

Legislation that prohibits union security agreements, thus ensuring that the decision to join or support a labor union is voluntary.