Financial intermediaries ______.
a. use corporate profits for capital investment
b. are residual claimants of corporate resources who receive a proportion of profits
c. make household funds available to firms
d. provide fixed, regular dividend payments to their clients
c. make household funds available to firms
Economics
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A firm facing a downward-sloping demand curve sells 50 units of output at $10 each. The firm's marginal revenue is
a. $500 b. more than $10 but less than $500 c. $10 d. less than $10 e. zero
Economics
The tax interaction effect is the _________ in excess burden in the labor market stemming from the _______ in real wages caused by a Pigouvian tax.
A. increase; increase B. reduce; reduction C. increase; reduction D. reduction; increase
Economics