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Author Question: People with savings often deposit their funds in a commercial bank, rather than investing them ... (Read 59 times)

theo

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on: Jun 30, 2018
People with savings often deposit their funds in a commercial bank, rather than investing them directly with business enterprises, in order to
 
  A) avoid the problems associated with asymmetric information.
  B) earn the highest possible return for taking on the riskiest investments.
  C) avoid the problems associated with financial intermediation.
  D) All of the above are correct.

Question 2

In which market would the price be least likely to be sticky?
 
  A) refrigerators B) steel rods C) trucks D) fresh fruit


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6ana001

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


theo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

steff9894

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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