Which of the following is not a benefit to lenders of financial intermediation?
a. Lower credit risks than the direct market.
b. Lower liquidity risk than the direct market.
c. Lower market risk than the direct market.
d. More convenient than the direct market.
e. All the above are benefits.
.E
Economics
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A clear effect of deregulating the airline industry has been to
A) eliminate price competition between airlines. B) make fewer flights available at popular times. C) raise average fares. D) reduce airline safety. E) reduce the average wage of pilots.
Economics
Refer to the table above. What is Seller 3's producer surplus?
A) $1 B) $2 C) $3 D) $4
Economics