Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's security is known as

A) barter.
B) redistribution.
C) financial intermediation.
D) taxation.

C

Economics

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If an employer currently finds that the MRP of its labor resources equals $67, and the MFC equals $56, what would you advise the firm to do?

a. Stay at its current output level. b. Hire additional workers. c. Raise product prices. d. Reduce employment. e. Purchase new technology.

Economics

A current account deficit is matched by a financial account surplus

a. True b. False Indicate whether the statement is true or false

Economics