___________________ are intermediaries, such as banks, insurance companies, and investment companies that engage in financial activities to aid the flow of funds from savers to borrowers or investors.
A)Financial Institutions
B)Financial market organizations
C)Federal agencies
D)International financial organizations
E)none of the above

Question

Quizplus · Accepted Answer

Financial institutions are intermediaries that facilitate the flow of funds between savers and borrowers or investors. These institutions include banks, insurance companies, investment companies, and other entities that engage in financial activities.

___________________ Are Intermediaries, Such as Banks, Insurance Companies, and Investment