1-29 The ability of savers to transfer wealth between youth and old age and across generations is called maturity intermediation.

Name: 1-29 The ability of savers to transfer wealth between youth and old age and across generations is called maturity intermediation.
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Maturity intermediation refers to the process by which financial institutions transform short-term liabilities into long-term assets, not the transfer of wealth across different life stages or generations.

1-29 the Ability of Savers to Transfer Wealth Between Youth