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meriva
3 years ago
9

10) Financial intermediaries can substantially reduce transaction costs per dollar of transactions

Business
1 answer:
goblinko [34]3 years ago
7 0

Answer: D) economies of scale.

Explanation:

Economies of scale refers to when an entity is able to reduce its total costs as quantities of the good causing the costs increase.

Financial Intermediaries such as Commercial banks, Mutual funds, Investment banks etcetera have a lot of funds available for trade which they use to execute large trades. As a result, the costs on average are lower or them per transaction as opposed to traders executing with lower volumes. For example, when purchasing shares they will be able to negotiate better fees with stockbrokers because they are buying a lot of shares as opposed a single buyer trading.

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  • <u>Equal Credit Opportunity Act (ECOA)</u>

According to the given question, we are asked to show the Consumer Credit Acts which <em>examines lenders’ practices </em>regarding race, religion, national origin, color, gender, marital status, or age

As a result of this, we can see that the Consumer Credit Act which has the job of enforcing the consumer protection so that <em>people would not be denied credit </em>based on their gender, age, race, religion, sex, marital status, etc.

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3 years ago
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Answer:

$92,8571.7937

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The computation of the amount after 40 deposits is shown below:

= (((1 + interest rate)^number of years - 1) ÷ interest rate)× principal

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We simply applied the above formula and the same is to be considered

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Cyclical unemployment is BEST described as unemployment arising from
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The answer is attached below

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One draw back of mailed marketing surveys is
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