Multiple Choice
A feature common to all financial intermediaries is that they
A) buy and sell information about savers and borrowers.
B) have a comparative advantage in gathering and evaluating information about borrowers.
C) act as agents for buyers and sellers in the money market.
D) shift the risk of investing from borrowers to savers.
E) collect funds from a few savers and distribute the funds to many borrowers.
Correct Answer:
Verified
Correct Answer:
Verified
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