Financial intermediaries, such as commercial banks, provide benefits to:
A)savers only.
B)borrowers only.
C)the government only.
D)both savers and borrowers.

Question

Quizplus · Accepted Answer

Banks help savers by eliminating their need to gather information about potential borrowers and by directing their savings toward higher-return, more productive investments. Banks help borrowers as well, by providing access to credit that might otherwise not be available.

Financial Intermediaries, Such as Commercial Banks, Provide Benefits To