Which Function of an FI Reduces Transaction and Information Costs

question 26

Multiple Choice

Which function of an FI reduces transaction and information costs between a corporation and an individual and may encourage a higher rate of savings?

• A)brokerage services
• B)asset transformation services
• C)information production services
• D)money supply management

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Definitions:

Co-dependency

A psychological condition where a person is excessively emotionally or psychologically reliant on another, especially in cases of addiction or abuse.

Enabling

Behaviors or actions that protect individuals from the consequences of their actions, often contributing to the continuation of problematic behaviors.

Parental Responsibilities

The duties and obligations parents have to ensure the well-being, safety, and proper development of their children.

Hero

An individual admired for their courage, outstanding achievements, or noble qualities, often seen as a role model.