Financial Institutions

question 73

Multiple Choice

Financial institutions:

• A)Raise the level of transaction costs relating to borrowing/ending
• B)Can lower the information asymmetry involved with borrowing/ending
• C)Decrease the liquidity to savers
• D)Are required for all financial transactions

---

Definitions:

Live Births

The birth of a child who shows any sign of life, such as breathing, heartbeat, or movement, regardless of gestational age.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by developmental delays and physical features such as a flat facial profile.

Skin Pigmentation

The coloring of the skin caused by the presence of melanin, which can vary greatly among individuals and populations.

Phenotype

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.