Successful financial intermediaries have higher earnings on their investments because they are better equipped than individuals to screen out good from bad risks, thereby reducing losses due to _________
举一反三
- 中国大学MOOC: For some people, unlucky events are connected because they have better memories for the bad experience than other people.
- For some people, unlucky events are connected because they have better memories for the bad experience than other people. A: 正确 B: 错误
- Most people's involvement with the financial system is through financial intermediaries rather than financial markets.
- If future earnings are expected to be higher than current earnings (that is, growth in earnings is expected), the P/E will be low. （ ）
- Because tuition is climbing higher and higher, many students have run away from studying the humanities.