Financial intermediation is the process in which:
A) the Federal Reserve establishes the prime rate
B) discount rates are interpreted
C) savings are automatically deducted from checking accounts
D) financial institutions act as intermediaries between the suppliers and demanders of funds
E) the Financial Reserve controls the supply of money
Correct Answer:
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Q44: Dakota Mining Company pays its bills and
Q45: A bank is engaged in _ when
Q46: Financial institutions act as intermediaries between suppliers
Q47: The three principal tools of the Federal
Q48: Which of the following is an activity
Q50: The most frequently used and the most
Q51: _ benefits the check writer by allowing
Q52: In the process of financial intermediation, households,
Q53: In its role as lender to member
Q54: To stimulate the economy, the Federal Reserve
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