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'Intermediaries,by Managing the Deposits They Receive,are Able to Make Long-Term

Question 37

Multiple Choice

'Intermediaries,by managing the deposits they receive,are able to make long-term loans while satisfying savers' preferences for liquid claims.' This statement is referring to which important attribute of financial intermediation?


A) Asset transformation
B) Maturity transformation
C) Credit risk transformation
D) Denomination transformation

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