Multiple Choice
Which of the following is incorrect regarding financial intermediaries?
A) They link savers and borrowers.
B) They earn profits by loaning money.
C) They offer lower interest rates on savings than they charge on loans.
D) They print money.
E) They accept deposits.
Correct Answer:

Verified
Correct Answer:
Verified
Q113: Banks earn a profit by offering loans
Q114: The purpose of deregulating banks during the
Q115: The Federal Open Market Committee (FOMC)consists of:<br>A)the
Q116: _ were the first bankers.<br>A)Seigniors<br>B)Governments<br>C)Savings and loan
Q117: Suppose an ocean liner sinks and the
Q119: Which of the following is true of
Q120: The powers of the Federal Reserve System
Q121: The FDIC insures deposits in:<br>A)all the commercial
Q122: Which of the following statements is true?<br>A)Money
Q123: The U.S.dollar is a good example of