Which of the Following Are Financial Intermediaries

question 134

Multiple Choice

Which of the following are financial intermediaries?

• A)both banks and mutual funds
• B)banks but not mutual funds
• C)mutual funds but not banks
• D)neither banks or mutual funds

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Definitions:

Pumpkins

A type of squash plant that produces large, round, orange fruits associated with fall and Halloween decorations.

Constant Marginal Cost

A situation where the cost of producing one additional unit of a good remains the same regardless of the level of production.

Cournot Duopolists

Firms in a duopoly market structure who compete on the basis of quantity produced, as modeled by Antoine Cournot.

Demand Curve

A graph depicting the relationship between the quantity of a good that consumers are willing to buy and the price of the good.