Financial intermediaries
A) channel funds directly between borrowers and lenders.
B) issue claims on individual borrowers directly to savers.
C) act as go-betweens by holding a portfolio of assets and issuing claims based on that portfolio to savers.
D) generally provide lenders with higher returns than do financial markets.
Correct Answer:
Verified
Q1: All of the following are forms of
Q2: A car loan that a bank grants
Q4: Which of the following is NOT a
Q5: Which of the following is NOT a
Q6: The process of matching borrowers and lenders
Q7: Fluctuations in the market price of a
Q8: The primary purpose of the financial system
Q9: Why do savers supply funds?
A)They are promised
Q10: Promises given by borrowers to lenders are
A)recognized
Q11: If you have a checking account at
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