In Economics, the Term for a Person Who Reduces Transaction

question 178

Multiple Choice

In economics, the term for a person who reduces transaction costs by arranging trades for buyers and sellers is

• A) an exchange broker.
• B) a middleman.
• C) a transactions specialist.
• D) an opportunity finder.

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Definitions:

Proposition

A declarative sentence that is either true or false and states a fact or claim about the world.

Baptist

Refers to a member of a Christian denomination known for its belief in baptism solely of adult believers by full immersion.

Predicate

In logic, it is the part of a sentence or formula that tells something about the subject or assigns a property to the subject.

Subject

The person or thing that is being discussed or described.