Which of the Following Are Reasons for the Specialness of Financial

question 58

Multiple Choice

Which of the following are reasons for the specialness of financial intermediaries?

• A) Higher average information costs.
• B) Lower price risk and superior liquidity attributes for financial claims to household savers.
• C) Higher average transaction costs.
• D) All of the listed options are correct.

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Definitions:

ALU

Arithmetic Logic Unit, a critical component of a CPU that handles all arithmetic and logical operations, including addition, subtraction, and logical comparisons.

Ultrabook

A full-featured but lightweight laptop computer that features a low-power processor and a solid-state drive; it tries to reduce its size and weight to extend battery life without sacrificing performance.

Permanent Storage

Data storage devices or media that retain information permanently or for extended periods without power.

Random Access Memory

A type of computer memory that can be accessed randomly, used to store working data and machine code currently in use.