Financial Intermediation Exists, in Part, Because

question 29

Multiple Choice

Financial intermediation exists, in part, because:

• A) financial markets work so well.
• B) direct finance through stocks and bonds is the dominant form of financing.
• C) transaction costs of financial intermediation is always higher than direct finance.
• D) the transaction costs associated with direct finance can at times be prohibitive.

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Definitions:

Expressive Role

The position of the family member who provides emotional support and nurturing.

Gender Stratification

The unequal distribution of wealth, power, and privilege across genders within a society.

Functionalist

Adhering to the perspective in sociology that sees society as a complex system whose parts work together to maintain balance and social equilibrium.

Rape Culture

A set of beliefs, norms, and values that normalizes sexual violence against women.