Answer:
D) all of the above are true
Explanation:
The banking industry has the benefits of gathering information about the money market. Therefore, customer does not need to find it from the market. Again, it serves as an intermediary for the savers and borrowers to resolve the asymmetric information. Moreover, banks are subject to more regulations than any money market. Therefore, all the answers are correct.
Answer:
yes it can be and no they shouldn't be.
Explanation:
yes, even though unlikely to happen it is possible to do something (write,play or invent etc) and not be aware that that already exsists. And it is not your fault for making something that you did not know is already made.
Answer:
$800 million more
Explanation:
Amount spent each year under the government wheat price-support program = $0.2 × 10 billion = $2 billion
Amount spent each year in an unregulated market for Pakistani wheat = $0.1 × 12 billion = $1.2 billion
Amount spent more each year under the government wheat price-support program than otherwise would have been spent in an unregulated market = $2 billion - $1.2 billion = $800 million