Author Question: Financial intermediation is necessary because of A) asymmetric information. B) adverse selection ... (Read 38 times)

HCHenry · **on:** Jun 30, 2018

Financial intermediation is necessary because of

A) asymmetric information.
B) adverse selection problems.
C) the risk of moral hazard.
D) all of the above.

Question 2

Which of the following countries meets regularly the UN target for the provision of foreign aid (as a percent of GNI)?

(a) Japan.
(b) United States.
(c) Denmark.
(d) France.