The Presence of Information and Transactions Cost Result in All

question 35

Multiple Choice

The presence of information and transactions cost result in all of the following EXCEPT

• A) reduced efficiency of financial markets.
• B) higher returns for savers.
• C) some funds not being lent at all.
• D) borrowers need to pay more for funds.

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Definitions:

Ecotourism

Responsible travel to natural areas that conserves the environment, sustains the well-being of the local people, and involves interpretation and education.

Indirect Value

The benefits provided by biodiversity that do not have direct economic value, such as climate regulation and pollination.

Indirect Values

Benefits provided by ecosystems that do not have a direct economic value, such as climate regulation and cultural significance.

Biodiversity

The variety of plant and animal life in the world or in a particular habitat, considered important for maintaining ecological balance.