By reducing transactions and information costs, financial intermediaries can
A) offer savers higher interest rates.
B) offer borrowers lower interest rates.
C) earn a profit.
D) all of the above.
D
Economics
You might also like to view...
Price coordination among firms will be more difficult when there are substantial differences among the cost structures of the competing firms and the technologies they employ
Indicate whether the statement is true or false
Economics
A demand schedule is a table showing how the ____ of some product during a specified period of time changes as ____ changes, holding all other determinants of quantity demanded constant
a. demand; the price of its complement b. demand; the quantity supplied c. quantity demanded; the price of its substitute d. quantity demanded; the price of that product
Economics