1. Which function is performed by financial intermediaries? Select one: a. conducting fiscal policy b. transforming...
1. Which function is performed by financial intermediaries?
Select one:
a. conducting fiscal policy
b. transforming funds from many individuals to financial assets
c. helping individuals and businesses determine their tax liabilities
d. transforming funds from many individuals to physical assets
2. Income to the owners of commercial real estate is in the form of:
Select one:
a. rent and profit from selling the property at a price higher than its purchase price.
b. interest.
c. dividends.
d. transfer payments.
Homework Answers
1.
B
Financial intermediaries help channelize funds from investors to depositors and do investments in different assets of financial nature.
--------
2.
A
These are the sources of income for the owners of real estate assets.
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