1-14 As an asset transformer,the FI issues financial claims that are more attractive to household savers than the claims directly issued by corporations.

Question

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As an asset transformer, financial institutions (FI) issue financial claims, such as deposits, that are more attractive to household savers due to their low-risk nature and government insurance protection, compared to the claims directly issued by corporations that may carry higher risk.

1-14 as an Asset Transformer,the FI Issues Financial Claims That