Multiple Choice
When a financial institution accepts funds from savers and pools this money into a portfolio of diversified financial instruments, it is
A) reducing information costs.
B) reducing transaction costs.
C) spreading risk.
D) preventing fraud.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q237: The demand for loanable funds slopes _
Q238: The money you contribute to FICA is
Q239: The supply of loanable funds slopes _
Q240: The majority of U.S. retirement accounts have
Q241: Savings account deposits are more liquid than
Q243: What are the primary functions of money?<br>A)
Q244: Money is anything that is accepted in
Q245: _ and also includes _ money.<br>A) M1
Q246: In shareholder meetings, a shareholder gets one
Q247: The primary purpose of financial markets and