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  3. Study Set
    Money and Banking Study Set 1
  4. Exam
    Exam 8: Financial Structure, Transaction Costs, and Asymmetric Information
  5. Question
    Interest on Loans Is an Example of a Transactions Cost
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Interest on Loans Is an Example of a Transactions Cost

Question 8

Question 8

True/False

Interest on loans is an example of a transactions cost that intermediaries can deal with more efficiently than individuals.

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