Author Question: Financial intermediaries are institutions that facilitate the movement of funds from savers to ... (Read 136 times)

misspop · **on:** Jun 30, 2018

Financial intermediaries are institutions that facilitate the movement of funds from savers to investors because they

A) guarantee positive returns on investments.
B) eliminate the costs of negotiating such transactions.
C) eliminate risks.
D) provide liquidity.

Question 2

In 2008, the U.S. current account balance was -706 billion, net interest was +119 billion, net transfers were -128 billion, and exports were +1,827 billion. Therefore, imports were

A) -1,112 billion.
B) +1,112 billion.
C) -2,524 billion.
D) +2,780 billion.
E) +2,524 billion.