Multiple Choice
Which of the following is an example of financial intermediation?
A) John buys shares of stock issued by a fast food company.
B) A foreign government buys bonds issued by the U.S.Treasury.
C) Susan makes a deposit at a bank and the bank uses this money to make an auto loan to Ferguson.
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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