Multiple Choice
Which of the following is NOT a comparative advantage of financial intermediaries over surplus spending units in providing funds to deficit spending units?
A) Economies of scale.
B) Lower transactions costs.
C) Better management of credit risk.
D) Higher searching costs for credit information.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: If markets were semi-strong form efficient,which of
Q28: Which of the following statements best describes
Q29: An organised security exchange:<br>A)is a primary market.<br>B)relies
Q30: Which of the following financial claims does
Q31: Which market would a company participate in
Q33: Which of the following statements is NOT
Q34: Which of the following are NOT financial
Q35: Which international institution facilitates the expansion and
Q36: It is important to be able to
Q37: Which one of the following statements is