It is fairly easy to acquire loans in Arzenia as the financial intermediaries of the country receive sufficient funds in the form of savings from its people and businesses. This enables them to turn the funds obtained into loans. Based on the information given in the scenario, these financial intermediaries are a form of _____.
A) treasury companies
B) securities and exchange commissions
C) depository institutions
D) mutual funds
Correct Answer:
Verified
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