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Banks Act as an Intermediary Between Buyers and Sellers By

Question 16

Multiple Choice

Banks act as an intermediary between buyers and sellers by:


A) determining the price at which the quantity of funds saved will be equal to the quantity invested.
B) determining the quantity of funds that will be saved depending on the price.
C) determining the quantity of funds that will be borrowed,for any given quantity of savings.
D) None of these is an intermediary function of a bank.

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