Financial intermediaries reduce the costs of negotiation by A) ...

[codyclark]

Financial intermediaries reduce the costs of negotiation by
 
  A) investing in a large number of projects with independent returns.
  B) gaining expertise in evaluating and monitoring investments.
  C) investing in a small number of projects with independent returns.
  D) pooling funds.

Question 2

The money wage rate is constant when moving along
 
  A) only the potential GDP line.
  B) the aggregate supply curve, the potential GDP line, and the aggregate demand curve.
  C) only the aggregate supply curve.
  D) only the aggregate supply curve and the potential GDP line.
  E) neither the aggregate supply curve nor the potential GDP line.

[leahm14]

Answer to Question 1

D

Answer to Question 2

C

[codyclark]

TYSM

Thanks for the timely response, appreciate it