Author Question: Recessions occur because of A) difficulties in coordinating economic affairs. B) shocks to ... (Read 70 times)

evelyn o bentley · **on:** Jun 30, 2018

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.