The financial intermediation process of ________ can be described by saying that they borrow in large amounts but often lend in small amounts.
A)pension funds
B)investment banks
C)finance companies
D)credit unions

Question

Quizplus · Accepted Answer

Finance companies typically borrow money in large amounts from banks or other sources and then lend that money out to consumers or small businesses in smaller amounts. This process is known as financial intermediation. Pension funds, investment banks, and credit unions may also engage in financial intermediation but do not necessarily follow the same borrowing and lending patterns as finance companies.

The Financial Intermediation Process of ________ Can Be Described by Saying