Financial intermediaries are:
A) institutions that channel funds from people who have them to people who want them.
B) government institutions who bring together buyers and sellers in a market.
C) institutions that negotiate terms of settlement between lenders and borrowers in default.
D) institutions that determine market-wide interest rates for certain financial products.

Question

Quizplus · Accepted Answer

Financial intermediaries facilitate the flow of funds between savers (people who have funds) and borrowers (people who want funds). Examples of financial intermediaries include banks, credit unions, and insurance companies.

Financial Intermediaries Are