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    Business
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    Money Banking
  4. Exam
    Exam 9: Transactions Costs, asymmetric Information, and the Structure of the Financial System
  5. Question
    Transactions Costs Are
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Transactions Costs Are

Question 112

Question 112

Multiple Choice

Transactions costs are


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

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