1-92 a Significant Recent Trend in the Provision of Financial

question 36

Multiple Choice

1-92 A significant recent trend in the provision of financial services is that households increasingly prefer denomination intermediation and information services provided by

• A)mutual funds.
• B)commercial banks.
• C)insurance companies.
• D)hedge funds.
• E)investment banks

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Definitions:

Habitual Behavior

Regular patterns of action that are repeated frequently and often performed subconsciously.

Conscious Decisions

Choices made with full awareness and deliberation, involving thoughtful consideration and an understanding of the consequences.

Heredity

The genetic transmission of characteristics from parents to offspring.

Moral Conduct

The behavior of an individual that is in alignment with moral or ethical principles, governing the distinction between right and wrong actions.