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    Business
  3. Study Set
    Financial System and the Economy Principles
  4. Exam
    Exam 8: An Introduction to Financial Intermediaries and Risk
  5. Question
    The Most Significant Overall Economic Function of FIs Is to
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The Most Significant Overall Economic Function of FIs Is to

Question 88

Question 88

Multiple Choice

The most significant overall economic function of FIs is to


A) provide checking accounts.
B) strengthen the dollar.
C) simplify borrowing and lending resulting in the proper allocation of resources to capital.
D) provide services for government.

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