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    Money the Financial System
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    Exam 11: Reducing Transactions Costs and Information Costs
  5. Question
    Transactions Costs Are
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Transactions Costs Are

Question 61

Question 61

Multiple Choice

Transactions costs are


A) zero in financial markets.
B) zero in financial intermediaries.
C) the costs of buying and selling financial claims.
D) equal to the taxes imposed on financial transactions.

Correct Answer:

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