Banks providing depositors with checking accounts that enable them to pay their bills easily is known as_________
A: liquidity services.
B: asset transformation.
C: risk sharing.
D: transaction costs.
A: liquidity services.
B: asset transformation.
C: risk sharing.
D: transaction costs.
举一反三
- Banks providing depositors with checking accounts that enable them to pay their bills easily is known as _________
- Which of the following is an important function of financial markets? A: Providing financing B: Providing financing and liquidity C: Providing financing, providing liquidity, reducing risk, and providing information D: Providing information
- Private solutions may not be possible due to the costs of negotiating and enforcing these solutions. Such costs are called A: transaction costs. B: corrective costs. C: input costs. D: private costs.
- Which of the following is not one of the types of currency risk? A: Transaction risk B: Translation risk C: Liquidity risk D: Economic risk
- When an individual has immediate access to their funds from an account with a financial intermediary, the intermediary is engaging in: () A: asset transformation. B: liability management. C: liquidity management. D: credit transformation.