16-2 Technological Efficiency Focuses Exclusively on the Cost Side of Financial

question 56

True/False

16-2 Technological efficiency focuses exclusively on the cost side of financial intermediation.

---

Definitions:

Risk Losing

The potential or likelihood of experiencing a loss, failure, or negative outcome as a result of taking an action or making a decision.

Need for Social

The need for social refers to the human necessity for companionship, belonging, and acceptance within a group or community.

Avoid Risk-Taking

A behavioral tendency to steer clear of actions or decisions that could lead to negative outcomes or uncertainties.

Abiding by Rules

The act of following established guidelines, regulations, or laws within a given context or environment.