Anything owed by a person or a firm is

Which of the following does NOT represent a way in which financial intermediaries take advantage of economies of scale?

A) paying lower brokerage fees per dollar invested B) paying lower legal fees per dollar invested C) purchasing sophisticated computer systems D) paying lower taxes per dollar invested

Which of the following statements about the FDIC is correct?

I. The deposit insurance premiums charged by the FDIC to a member bank fully reflect the riskiness of that bank's assets II. The manner in which the FDIC is set up helps protect depository institutions from the rigors of true market competition A) I only B) II only C) Both I and II D) Neither I nor II