Borrowers rely on financial intermediaries to hold and find uses for their funds that promise a positive expected rate of return.

Name: Borrowers rely on financial intermediaries to hold and find uses for their funds that promise a positive expected rate of return.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

Financial intermediaries, such as banks or investment funds, primarily serve savers or investors who are looking to earn a return on their funds, not borrowers. Borrowers seek funds from financial intermediaries.

Borrowers Rely on Financial Intermediaries to Hold and Find Uses