Author Question: Financial intermediaries reduce the costs of negotiation by A) investing in a large number of ... (Read 63 times)

codyclark · **on:** Jun 30, 2018

Financial intermediaries reduce the costs of negotiation by

A) investing in a large number of projects with independent returns.
B) gaining expertise in evaluating and monitoring investments.
C) investing in a small number of projects with independent returns.
D) pooling funds.

Question 2

The money wage rate is constant when moving along

A) only the potential GDP line.
B) the aggregate supply curve, the potential GDP line, and the aggregate demand curve.
C) only the aggregate supply curve.
D) only the aggregate supply curve and the potential GDP line.
E) neither the aggregate supply curve nor the potential GDP line.