A bank acts as ________ between buyers and sellers.

A. an interpersonal communicant
B. a negotiator
C. an agent
D. an intermediary

Answer: D

Economics

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The budget line shift from ab to cd in the above figure is consistent with:

A) decreases in the prices of both M and N . B) an increase in the price of M and a decrease in the price of N . C) a decrease in money income. D) an increase in money income.

Economics

A legal ceiling set below the market-clearing interest rate would tend to

A) create a surplus of loans. B) create a shortage of loans. C) increase the demand for loans. D) decrease the supply of loans. E) do none of the above.

Economics