The process in which financial institutions accept savings from businesses, households, and governments and lend the funds to other businesses, households, and governments is called
A) central banking system.
B) financial intermediation.
C) moral hazard.
D) adverse selection.
B
Economics
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If the United States and Mexico trade Budweiser for Modelo beer, what type of trade does this represent?
What will be an ideal response?
Economics
The price of a commodity in terms of another commodity is
A) the law of demand. B) a substitute. C) the money price. D) the relative price.
Economics