Disintermediation Occurs When

question 82

Multiple Choice

Disintermediation occurs when

• A) a merchant becomes a nonmerchant.
• B) governments stop buying services online.
• C) electronic exchanges fail to make a match.
• D) IT systems fail.
• E) a manufacturer sells directly to the end user.

---

Definitions:

Interest Rates

The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.

Military

The armed forces of a country, responsible for defending it from external threats and ensuring internal security, often involving significant personnel and technology.

Capital Stock

The total value of all durable goods available for use in production, including machinery, buildings, and equipment.

Increase

A situation where there is a rise in quantity, size, number, value, or intensity of a particular economic variable or element.