Privately-owned firms that accept deposits from individuals and businesses and use those deposits to make loans are called:
A) mortgage banks.
B) brokerage firms.
C) commercial banks.
D) investment banks.
Correct Answer:
Verified
Q7: Two reasons savers keep deposits at banks
Q8: Banks help savers find productive uses for
Q9: Financial intermediaries, such as commercial banks, help
Q10: Decentralized market-based financial systems improve the allocation
Q11: The amount originally lent by a bondholder
Q13: The interest rate promised when a bond
Q14: The principal amount of a bond is
Q15: Savers may prefer to use financial intermediaries
Q16: The coupon rate is the:
A)amount originally lent.
B)regular
Q17: Financial systems in market economies improve the
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