Which of the Following Statements Best Completes the Following Statement

question 94

Multiple Choice

Which of the following statements best completes the following statement: "Over the past 30 years, the percentage(s) of assets for all financial intermediaries¼"?

• A)controlled by banks has decreased as has the percentage for mutual funds while insurance companies have increased their percentage
• B)controlled by insurance companies and mutual funds has decreased and the percentage controlled by banks has increased
• C)controlled by banks and insurance companies has decreased while the percentage controlled by mutual funds and pensions has increased
• D)controlled by banks, insurance companies, mutual funds and pensions have all increased

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Definitions:

Tradable Pollution Permits

A market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.

Pollution

The introduction of contaminants into the natural environment that cause adverse change, often as a byproduct of human activities.

Well-Maintained Yard

A property space that is kept in good condition through regular care, such as mowing, watering, and landscaping.

Positive Externality

A beneficial effect experienced by a third party due to an economic transaction that they were not directly involved in.