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Banks Are Financial Intermediaries Because They

Question 50

Multiple Choice

Banks are financial intermediaries because they


A) receive new Federal Reserve notes from the Fed and put them into circulation
B) bring together the two sides of the market-savers and borrowers
C) bring different savers into contact with each other
D) bring about the merger of smaller banks to make larger ones
E) resolve disputes between stock brokers,mortgage companies,insurance agencies,and other financial institutions

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