Solved

Which of the Following Best Defines Financial Intermediaries

Question 78

Multiple Choice

Which of the following 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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions