Recessions occur because of A) difficulties in coordinating ...

[evelyn o bentley]

Recessions occur because of
 
  A) difficulties in coordinating economic affairs. B) shocks to technology.
  C) real adverse shocks to the economy. D) all of the above.

Question 2

Financial intermediaries are important because
 
  A) they bring lenders and borrowers together in a way that lowers transaction costs.
  B) they employ large numbers of people.
  C) they provide large funds to the stock market.
  D) they increase costs for banks.

[jliusyl]

Answer to Question 1

D

Answer to Question 2

A

[evelyn o bentley]

YES! Correct, THANKS for helping me on my review

[elyse44]

Thanks for the timely response, appreciate it