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I WILL UPVOTE PLZ ANSWER AS MUCH AS U KNOW R CORRECT!!! The Medici bank differed from other banks in one very important way, and

I WILL UPVOTE PLZ ANSWER AS MUCH AS U KNOW R CORRECT!!!

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The Medici bank differed from other banks in one very important way, and the chance of a large borrower defaulting did not pose a significant risk. The Medici bank was: 1. Diversified, and made up of interlocking partnerships, each independent from the rest a Centralized, and lent to people that were related Centralized, and made up of interlocking relationships, each dependent on the rest Diversified, and made up of interlocking relationships dependent on the rest When Spain began extracting a great amount of Silver: The value of goods in Spain increased The value of the silver diminished due to the extra supply None of the above All of the above A manager's compensation plan that offers financial incentives for increases in quarterly profitability may create agency problems in that: the board of directors may claim the credit. short-term, not long-term, profits become the focus. the managers are not motivated by personal gain. investors desire stable profits. Which of the following is not typically considered a function of financial intermediaries? investing in real assets spreading, or pooling risk among individuals accumulating funds from smaller investors O providing a payment mechanism U.S. bonds and other debt securities are mostly held by: state and local governments. households. foreign investors. institutional investors. In general, what is changing as you read down the left-hand side of a balance sheet? the assets are increasing in maturity. the assets are becoming less liquid. the assets are becoming more fully depreciated. the assets are increasing in value

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