Which of the Following Are Reasons for the Specialness of Financial

question 52

Multiple Choice

Which of the following are reasons for the specialness of financial intermediaries?

• A)higher average information costs
• B)lower price risk and superior liquidity attributes for financial claims to household savers.
• C)higher average transaction costs
• D)All of the listed options are correct.

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Definitions:

Interview Bias

A type of response bias that occurs in research when the interviewer’s beliefs, views, or characteristics unduly influence the subject's responses, leading to skewed results.

Subject Bias Effect

The influence of a participant’s preconceptions or expectations on their behavior in an experiment, potentially skewing results.

Observation Technique

A research method that involves watching participants and recording relevant behavior or characteristics for analysis.

Behavior Being Observed

The act of monitoring actions or responses in a systematic way for the purpose of data collection or analysis.