Multiple Choice
Which of the following statements is correct?
A) A large,well-known corporation such as Proctor and Gamble would generally use financial intermediation to finance expansion of its factories.
B) On average,indexed funds outperform managed funds.
C) Unlike corporate bonds and stocks,checking accounts are a store of value.
D) Financial intermediaries are institutions through which savers can directly provide funds to borrowers.
Correct Answer:
Verified
Correct Answer:
Verified
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