The era of rapid productivity growth known as the "Golden Age" came to an end in

A bondholder is a stockholder who owns bonds

Indicate whether the statement is true or false

Financial disintermediation occurs when:

a. Individuals withdraw funds from financial intermediaries and invest them elsewhere. b. Businesses no longer issue stock. c. Individuals no longer trade securities in the secondary market. d. None of the above. e. Businesses no longer borrow directly in the bond market.