Which of the Following Is NOT a Major Function of Financial

question 6

Multiple Choice

Which of the following is NOT a major function of financial intermediaries?

• A)Brokerage services.
• B)Asset transformation services.
• C)Information production.
• D)Management of the nation's money supply.
• E)Administration of the payments mechanism.

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Definitions:

Cross-sectional Data

A type of data collected by observing many subjects at the same point of time or without regard to differences in time.

Synchronous Data

Data that is collected or updated at the same time across the system or in a coordinated manner.

Cross-sectional Data

Data collected from a population at a specific point in time, used to observe variations among subjects.

Time-series Data

Data points collected or recorded at regular time intervals, allowing for the analysis of patterns, trends, and forecasting over time.