Which of the following is false?
A)Financial intermediaries have experienced tremendous growth in recent decades and have become relatively more important than direct financing that bypasses intermediaries.
B)Financial intermediaries have become less specialized over time.
C)Depository institutions are the most important type of financial intermediary.
D)Financial intermediaries have become more diversified and offered the public a wider range of financial services.

Question

Quizplus · Accepted Answer

Financial intermediaries have indeed grown significantly, but direct financing, especially through capital markets, has also grown substantially, making the statement that intermediaries have become "relatively more important" than direct financing potentially misleading or false depending on the context and specific metrics used to measure importance.

Which of the Following Is False