Why do financial intermediaries aid in the efficient operation of the economy?
A) Without them it would be difficult for small savers to lend to large borrowers.
B) They lend funds to businesses at a zero interest rate.
C) They print currency.
D) They regulate the money supply.
E) They engage in open market operations.
Correct Answer:
Verified
Q193: Given the following information,calculate M1 and M2.
Small
Q194: Congress created the Federal Deposit Insurance Corporation
Q195: Since 1933,bank failures have occurred
A) frequently
B) very
Q196: Which of the following best describes the
Q197: One of the most serious effects of
Q199: Money is
A) any asset that is convertible
Q200: Which of the following is the most
Q201: If the Federal Reserve sells $1,000 in
Q202: If the Federal Reserve sells $1,500 in
Q203: The Federal Reserve
A) prints money for use
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