Multiple Choice
Which statement best defines financial intermediaries?
A) They are the same as financial markets.
B) They are individuals who make a profit by buying a stock low and selling it high.
C) They are a more general name for financial assets, such as stocks, bonds, and chequing accounts.
D) They are financial institutions through which savers can indirectly provide funds to borrowers.
Correct Answer:
Verified
Correct Answer:
Verified
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