Which of the following would not be an example of intermediation?
A) Matt borrows money from friends to start a food truck business.
B) Andrea takes out a mortgage loan from SunTrust Mortgage.
C) Angela borrows money from a credit union to purchase a new car.
D) A retired person withdraws money from their savings account to take a Caribbean cruise.
Correct Answer:
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Q8: Which of the following would not be
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