If Firm A owns no real assets of its own,but simply accepts the savings of individuals and invests them in financial assets issued by other firms or individuals,Firm A is a financial intermediary.

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Quizplus · Accepted Answer

A financial intermediary is a firm that accepts funds from savers and then invests them in financial assets issued by other firms or individuals. Such intermediaries include banks, insurance companies, pension funds, and mutual funds, among others. Since Firm A operates in this manner, it can be considered a financial intermediary.

If Firm a Owns No Real Assets of Its Own,but