The presence of information and transactions cost result in all of the following EXCEPT:
A) borrowers need to pay more for funds
B) some funds not being lent at all
C) higher returns for savers
D) reduced efficiency of financial markets.
Answer: C
The presence of information and transactions cost result in all of the following EXCEPT:
A) borrowers need to pay more for funds
B) some funds not being lent at all
C) higher returns for savers
D) reduced efficiency of financial markets.
Answer: C