Multiple Choice
Which of the following observations concerning the intermediation approach is true?
A) The intermediation approach views FIs' outputs of services as having two underlying inputs.
B) Labour and capital are the only inputs.
C) The intermediation approach views the output as being produced by labour, capital and the funds used to produce intermediated services.
D) Premiums or reserves are viewed as an input in the banking and thrift industries.
Correct Answer:
Verified
Correct Answer:
Verified
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