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Author Question: A bank is an example of a financial intermediary. a. True b. False Indicate whether the statement ... (Read 93 times)

darbym82

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A bank is an example of a financial intermediary.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Money exchanges are more efficient than barter because:
 a. money exchanges do not require a double coincidence of wants.
  b. the government guarantees the value of money.
  c. money usually has an intrinsic value.
  d. money is backed by a physical commodity.
  e. opportunity costs are higher with barter trades.



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234sdffa

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Answer to Question 1

True

Answer to Question 2

a




darbym82

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


milbourne11

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Reply 3 on: Yesterday
Gracias!

 

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