Which of the following is a role of financial institutions?
a) Increasing product demand.
b) Diversifying assets to reduce risk.
c) Establishing marginal tax rates.
d) Controlling inflation.
Ans: b) Diversifying assets to reduce risk.
Economics
You might also like to view...
List three reasons why oligopolies are considered to be inefficient
What will be an ideal response?
Economics
The Malthusian model performs poorly in explaining economic growth after the
A) French Revolution. B) American Revolution. C) Industrial Revolution. D) Bio-technology Revolution.
Economics