Which of the Following Is NOT True About Intermediaries

question 69

Multiple Choice

Which of the following is NOT true about intermediaries?

• A) They save time for other participants in a transaction.
• B) They always increase total expenses for a product.
• C) They play an important role in the exchange process.
• D) They specialize in trade rather than production.

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Definitions:

Government Workers

Employees who work for government agencies, including federal, state, and local levels, responsible for implementing and enforcing laws and policies.

Dollars

A unit of currency used in various countries, including the United States, represented by the symbol $ and used for financial transactions.

Frequency Table

A table that displays the frequency of various outcomes in a sample, with each entry showing the number of occurrences of a specific value.

Adults

Individuals who have reached the age where they are considered mature and responsible, often legally recognized for various societal and personal duties.