The function of financial intermediaries is to transfer purchasing power from
A)Dissavers to consumers.
B)Consumers to savers.
C)Savers to dissavers.
D)Dissavers to savers.

Question

Quizplus · Accepted Answer

Financial intermediaries transfer purchasing power from savers, who have excess funds, to dissavers, who need funds. This process involves collecting funds from savers and lending them to those in need of funds for various purposes, such as investments or consumption.

The Function of Financial Intermediaries Is to Transfer Purchasing Power