A company that transfers funds from savers to borrowers by receiving funds from savers and investing in securities issued by borrowers is known as a(n)
A) broker.
B) financial intermediary.
C) stock exchange.
D) venture capitalist.
Correct Answer:
Verified
Q26: Which of the following is true of
Q27: Andy keeps his savings in a certificate
Q28: Mr.Smith bought stocks of several companies from
Q29: A treasury bond issued by the U.S.government
A)does
Q30: A financial intermediary
A)is a government-owned acceptor of
Q32: A company that takes short term deposits
Q33: Mary used her savings to buy some
Q34: Treasury bills issued by the U.S.government
A)do not
Q35: Andy keeps his savings in a money
Q36: Which of the following is true of
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