Which Function of an FI Reduces Transaction and Information Costs

question 99

Multiple Choice

Which function of an FI reduces transaction and information costs between a corporation and individual which may encourage a higher rate of savings?

• A)Brokerage services.
• B)Asset transformation services.
• C)Information production services.
• D)Money supply management.
• E)Administration of the payments mechanism.

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Definitions:

Estates

Social or economic classes, particularly those seen in pre-modern societies, or refers to a large area of land owned by an individual or family.

Michael Blakey

An American anthropologist, bioarchaeologist, and professor known for his work in the field of human skeletal biology and the study of historical impacts on African American populations.

Institution of Slavery

A social and economic system in which individuals are owned by others, deprived of personal freedom and forced to work.

Dalits

A term used in India and Nepal to refer to individuals historically regarded as belonging to the lowest caste in the caste system and subject to social exclusion and discrimination.