It Is the Job of ________ to Channel Funds from ________

question 54

Multiple Choice

It is the job of ________ to channel funds from ________.

• A)the Federal Reserve,borrowers to lenders
• B)the Federal Reserve,lenders to borrowers
• C)financial intermediaries,borrowers to lenders
• D)financial intermediaries,lenders to borrowers

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Definitions:

Maximize Utility

The process or goal of obtaining the highest level of satisfaction or benefit possible from available resources or choices.

Households

Economic units consisting of all persons who occupy a housing unit, including single families, individuals living alone or with others, but who make joint financial decisions.

Maximize Wealth

The process or strategy aimed at increasing the net value of assets owned by an individual or corporation.

Opportunity Cost

The worth of the best option given up by choosing to follow a specific course of action.