Financial institutions act as intermediaries between suppliers and demanders of funds.They accept savers' deposits and invest them in such things as business loans or mortgages.This process is called:
A) financial intermediation
B) financial coordination
C) financial equilibrium
D) depository intermediaries
E) intermediary banking
Correct Answer:
Verified
Q41: When The Bank of Bank County borrows
Q42: The purchase or sale of U.S.government bonds
Q43: The power the Federal Reserve has to
Q44: Dakota Mining Company pays its bills and
Q45: A bank is engaged in _ when
Q47: The three principal tools of the Federal
Q48: Which of the following is an activity
Q49: Financial intermediation is the process in which:
A)the
Q50: The most frequently used and the most
Q51: _ benefits the check writer by allowing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents