Multiple Choice
Which of the following is NOT an economic benefit of depository institutions?
A) They pool risk
B) They borrow long and lend short
C) They reduce the cost of monitoring borrowers
D) They create liquidity
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q290: The quantity of money is $1 billion,
Q344: Comparing M1 and M2 we know that<br>A)
Q346: The velocity of circulation is<br>A) equal to
Q348: The demand for money curve is the
Q350: Which of the following is NOT a
Q351: Which of the following tools is NOT
Q352: Regional Federal Reserve banks<br>A) are located in
Q353: An increase in the interest rate<br>A) shifts
Q354: Suppose the money market has an equilibrium
Q394: M1 is usually larger than than M2.