Multiple Choice
Which of the following is NOT a function of a financial intermediary?
A) to link savers and borrowers
B) to earn profits by loaning money
C) to print money
D) to accept deposits
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q40: When is exchange necessary in an economy?
Q41: Suppose an ocean liner sinks and the
Q42: When is money considered to be legal
Q43: How is the value of money determined?
Q44: Which of the following members of the
Q46: Suppose people are using quartz as a
Q47: How does money function as a unit
Q48: When does fractional reserve banking occur? <br>A) when
Q49: What is the main source of profit
Q50: What is token money? <br>A) coinage for which