An example of an "investment" financial intermediary is
A) an insurance company.
B) a private pension fund.
C) a credit union.
D) a mutual fund.
D
Economics
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The law of demand implies that:
A) consumers are not responsive to price changes. B) consumers will, all other things unchanged, buy more at lower prices. C) sellers will, all other things unchanged, offer more on the market at higher prices. D) sellers will, all other things unchanged, offer less on the market at lower prices.
Economics
If public goods were marketed like private goods, then
A. Public goods would be efficiently produced. B. Society would be closer to achieving the optimal mix of output. C. People would avoid paying for these goods. D. Market failure would not occur.
Economics