Financial intermediaries serve which of the following purposes?

Question

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Financial intermediaries, such as banks, insurance companies, and investment firms, help to facilitate the flow of funds through the economy by collecting savings from households and businesses, and investing those funds in various financial assets such as stocks, bonds, and real estate. They also provide loans and other financial services to households and businesses, which helps to allocate resources based on need. Additionally, financial intermediaries help to mitigate risk and promote liquidity in financial markets.

Financial Intermediaries Serve Which of the Following Purposes