Because banks have a very large pool of buyers and savers,it can:
A) act as an intermediary between buyers and sellers.
B) provide liquidity to individuals.
C) diversify the risk of saving and borrowing for individuals.
D) With access to such large pools of people,banks can provide all these things.
Correct Answer:
Verified
Q3: The market for loanable funds is a
Q12: Banks act as:
A)an organizer among firms in
Q15: The transactions that take place in the
Q16: Banks act as an intermediary between buyers
Q18: A bank allows us to diversify risk
Q18: In financial markets, sellers are people who:
A)
Q19: The financial system:
A) brings together savers and
Q21: In the market for loanable funds,the supply
Q31: The portion of income that is spent
Q35: Savings is considered the portion of income:
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents