Solved

Financial Intermediaries Are

Question 18

Multiple Choice

Financial intermediaries are


A) funds surplus units, because they exist to make money.
B) funds deficit units, because they must pay heavy regulatory fees and taxes.
C) funds surplus units, because they hold large portfolios of financial securities.
D) funds deficit units, because they must comply with minimum capital requirements.
E) neither funds surplus nor deficit units.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions