Which of the following is NOT a major function of financial intermediaries?

Name: Which of the following is NOT a major function of financial intermediaries?
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Question

Quizplus · Accepted Answer

The management of the nation's money supply is the responsibility of the central bank, not financial intermediaries. Financial intermediaries primarily facilitate the flow of funds between savers and borrowers through services such as brokerage, asset transformation, and information production, as well as administration of the payments mechanism.

Which of the Following Is NOT a Major Function of Financial