Multiple Choice
Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-Financial intermediaries are best described as:
A) informal institutions that provide funds to the government to manage budget deficits.
B) institutions that accept deposits and make loans.
C) institutions that control the money supply in the economy.
D) institutions that provide financial aid to foreign countries.
E) individuals who manage other's investment portfolios.
Correct Answer:

Verified
Correct Answer:
Verified
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