Which of the following statements is (are) correct about financial intermediaries?
I. Financial intermediaries primarily operate within the secondary market.
II. Examples of financial intermediaries are: commercial banks, thrift Institutions and the Internal Revenue Service.
A) Only statement I is correct.
B) Only statement II is correct.
C) Both statements I and II are correct.
D) Neither statement I nor II is correct.
Correct Answer:
Verified
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