Financial intermediaries are
A) funds surplus units, because they exist to make money.
B) funds deficit units, because they must pay heavy regulatory fees and taxes.
C) funds surplus units, because they hold large portfolios of financial securities.
D) funds deficit units, because they must comply with minimum capital requirements.
E) neither funds surplus nor deficit units.
Correct Answer:
Verified
Q71: The reason FIs can offer highly liquid,
Q72: The federal government has traditionally extended safety
Q73: Negative externalities exist in the depository sector
Q74: Advantages of depositing funds into a typical
Q75: The asset transformation function of FIs typically
Q77: In its role as a delegated monitor,
Q78: Why is the failure of a large
Q79: Depository institutions (DIs) play an important role
Q80: Traditionally, regulation of FIs in the U.S.has
Q81: In a world without FIs, households will
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