Answer:
Explanation: B Food Products & Processing Systems
It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market
<h3>Who are financial intermediaries?</h3>
This refers to those entities that acts as the middleman between two parties in a financial transaction such as a commercial bank, investment bank, mutual fund, or pension fund. They offer a number of benefits to the average consumer such as safety, liquidity, and economies of scale involved in banking and asset management.
However, It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market because only the buyers and seller influence an efficiency of the financial market.
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An organized group of people with a particular purpose, such as a business or government department.
Answer: A. costs of moderate inflation are nearly zero whereas high inflation is quite costly.
Explanation:
Economists generally believe that moderate inflation is actually good for the economy as prices need to increase in a healthy manner overtime in order to drive consumption. This means that to them, the cost of moderate inflation is nearly zero.
This is a sharp contrast to high inflation which most economists generally believe to be costly as it reduces the savings of people as well as their real wages and welfare.
Answer:
A) Information transmitted to large segments of the population
Explanation:
Mass communication is information transmitted to large segments of the population mainly through mass media outlets (e.g. radio, TV, internet websites, YouTuube, magazines, etc.). Many people confuse mass communication with mass media, but mass communication is the message and mass media is the carrier.
Culture is defined as the shared values, attitudes, beliefs, and practices that characterize a social group, organization, or institution.
