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.
Correct Answer:
Verified
Q3: The market for loanable funds is a
Q11: An example of a seller in a
Q12: Banks act as:
A)an organizer among firms in
Q15: The transactions that take place in the
Q17: Because banks have a very large pool
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
Q35: Savings is considered the portion of income:
A)
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