If Firm a Owns No Real Assets of Its Own,but

question 44

True/False

If Firm A owns no real assets of its own,but simply accepts the savings of individuals and invests them in financial assets issued by other firms or individuals,Firm A is a financial intermediary.

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Definitions:

Willing

Reflects an individual's readiness or inclination to perform a certain action or make a choice under given conditions.

Comparative Advantage

The ability of an entity to produce a particular good or service at a lower opportunity cost than another, leading to more efficient international trade and resource allocation.

Basketballs

Spherical balls used in the sport of basketball, designed for bouncing on hard surfaces and shooting into hoops.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing among options.