What is the central role of financial intermediaries in a market economy?
A) keeping the price level stable
B) bringing together savers and borrowers
C) providing safe deposit boxes for people and businesses
D) the creation and printing of money
B
Economics
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In the above figure, the economy would most likely move from AD1 to AD2 because of
A) an aggregate supply shock. B) an aggregate demand shock. C) a recession. D) a depression.
Economics
In perfect competition, at the firm's profit maximizing short run output, which of the following is true? a. Marginal revenue equals marginal cost
b. Price equals marginal cost. c. It could be earning either economic profits or losses. d. All of the above are true.
Economics