By Reducing Transactions and Information Costs,financial Intermediaries Can

question 107

Multiple Choice

By reducing transactions and information costs,financial intermediaries can

• A) offer savers higher interest rates.
• B) offer borrowers lower interest rates.
• C) earn a profit.
• D) all of the above.

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Definitions:

Lens

A transparent optical device used to converge or diverge transmitted light and to form images.

Round

Having a shape or cross-section that is circular or nearly circular; often used to describe objects or shapes.

Close Objects

Objects that are situated near to one another in spatial terms.

Distant Objects

Objects that are far away from the observer, often requiring visual aids like telescopes to be seen clearly or understood.