___________________ are intermediaries, such as banks, insurance companies, and investment companies that engage in financial activities to aid the flow of funds from savers to borrowers or investors.
A) Financial Institutions
B) Financial market organizations
C) Federal agencies
D) International financial organizations

Question

Quizplus · Accepted Answer

Financial Institutions play a crucial role in the economy by channeling funds from savers to borrowers or investors. Banks, insurance companies, and investment companies are examples of financial institutions that engage in financial activities like lending, investing, and managing risk. Meanwhile, financial market organizations are entities that facilitate the trading of financial instruments, such as stocks and bonds, while federal agencies and international financial organizations have different roles in promoting economic stability and development.

___________________ Are Intermediaries, Such as Banks, Insurance Companies, and Investment