Which of the following is correct?
A) Banks act as financial intermediaries by charging interest.
B) Savers need a safe place for their money and need credit.
C) Borrowers need a safe place for their money and need credit.
D) Savers need a safe place for their money, and borrowers need credit.
E) Borrowers need a safe place for their money, and savers need credit.
Correct Answer:
Verified
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