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Economists Group Commercial Banks,savings and Loan Associations,credit Unions,mutual Funds,mutual Savings

Question 34

Multiple Choice
Economists group commercial banks,savings and loan associations,credit unions,mutual funds,mutual savings banks,insurance companies,pension funds,and finance companies together under the heading financial intermediaries.Financial intermediaries

Economists group commercial banks,savings and loan associations,credit unions,mutual funds,mutual savings banks,insurance companies,pension funds,and finance companies together under the heading financial intermediaries.Financial intermediaries


A) act as middlemen, borrowing funds from those who have saved and lending these funds to others.
B) play an important role in determining the quantity of money in the economy.
C) help promote a more efficient and dynamic economy.
D) do all of the above.
E) do only A and C of the above.

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