Financial Intermediaries

question 18

Multiple Choice

Financial intermediaries

• A) exist because there are substantial information and transaction costs in the economy.
• B) improve the lot of the small saver.
• C) are involved in the process of indirect finance.
• D) do all of the above.
• E) do only A and B of the above.

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Definitions:

Biological Influences

Factors stemming from physiological and genetic conditions that impact individual behaviors, traits, and health.

Environmental Influences

External factors surrounding an individual that affect their behavior, growth, and development.

Frontal Lobes

The portion of the cerebral cortex involved in decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.

Phineas Gage

A historically significant patient whose personality changes after a brain injury helped scientists understand the brain's role in personality and behavior.