Which of the Following Is a Financial Intermediary

question 3

Multiple Choice

Which of the following is a financial intermediary?

• A)a mutual fund
• B)the stock market
• C)a U.S.government bond
• D)a wealthy individual who regularly buys and holds large quantities of government bonds

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Definitions:

Universal Generalization

A logical operation that infers a general statement from specific cases, asserting that a property or relation holds for all members of a certain category.

Universal Instantiation

A logical rule that infers from the truth of a universally quantified statement about all members of a domain, the truth of that statement about any specific member.

Quantifier Negation

The process of applying negation to a statement that contains a quantifier, altering its scope and possibly changing the quantifier type (for example, from universal to existential).

Existential Generalization

A logical operation that infers the existence of at least one object in a domain that satisfies a given proposition.