This is the intermediaries that help the financial system operate efficiently and transfer funds from savers to individuals, businesses, and governments that seek to spend or invest the funds,
A) Financial management
B) Investments
C) Financial markets
D) Financial institutions
E) Financial environment

Question

Quizplus · Accepted Answer

Financial institutions, such as banks, credit unions, and investment companies, play a crucial role in facilitating the flow of funds in the financial system. They act as intermediaries between savers and borrowers, providing services such as deposit-taking, lending, and investment management. Without financial institutions, the financial system would not be able to operate efficiently, and the economy would suffer.

This Is the Intermediaries That Help the Financial System Operate