e. ( ) It can be used as the template for protein synthesis. Ultimately, the decision to invest in either type of investment vehicle should be based on ones individual financial goals, risk tolerance, and understanding of the markets. b. finance the country's import bill. Investment bankers help firms issue new securities to the public, and are not financial intermediaries. 47. A) A savings and loan association B) A commercial bank C) A credit union D) A finance company A finance company The primary assets of credit unions are A) municipal bonds. Necessary cookies will remain enabled to provide core functionality such as security, network management, and accessibility. a bank is a financial intermediary. It could be stocks, real estate, assets etc. Hire purchasing Codes: i and ii iii and iv i ad iii i, ii, iii and iv i only Answer (Detailed Solution Below) a) Pension funds b) Credit unions c) Life Insurance companies d) Small scale service institute e) None of these Banking. If markets are perfect, securities buyers and sellers to not have full access to information and cannot always break down securities to the precise size they desire. $$ [Related to Solved Problem 13.3 on page 461] At the end of 2016, as the company suffered losses, Red Robin CEO Denny Marie Post announced that the company was increasing the number of lower-priced items on its menus. 10. The mutual fund, as an intermediary and investment bank, acts as another intermediary by offering professional Click Registration to join us and share your expertise with our readers.). Our Experts can answer your tough homework and study questions. You're currently on our UK site. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Approximately what percent of the shares issued by U.S. corporations are held by investors outside of the U.S.? Financial intermediaries, such as banks . C. is the minimum acceptable rate of return on a project. \text{April 1, 20X7} & \text{1 peseta = 0.0076}\\ 4 Which of the following are not financial intermediaries? Which of the following financial intermediaries commonly invests in stocks and bonds? In conclusion, hedge funds are not considered financial intermediaries, as they do not usually provide services to the public. Kindly login to access the content at no cost. They take the funds of the individual or entity and work to grow investments. Which of the following would be considered a primary market transaction: An individual purchases existing shares of stock in IBM through a broker. Which one of the following funds provides a tax advantage to individual investors? Which of the following financial intermediaries has shown a preference, 41. Those financial markets that facilitate the flow of short-term funds (with maturities of less than one year) are known as capital markets, while those that facilitate the flow of long-term funds are known as money markets. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Financial intermediaries make financial transactions smoother. declaring bankruptcy when the need arises. 6^{-1} They use those funds to lend money to those in cash deficit. U.S. bonds and other debt securities are mostly held by: Approximately what percentage of U.S. corporate equities are held by households? The financial crisis of 2007-2009 contributed to the largest sovereign default in history by which one of these countries? These institutions accept A financial intermediary is an entity that facilitates a financial transaction between two parties. Investing in financial intermediaries is typically seen as a lower-risk option, while hedge funds can be more risky and are subject to fewer regulations. A. Score: 4.8/5 ( 66 votes ) Banks are a financial intermediarythat is, an institution that operates between a saver who deposits money in a bank and a borrower who receives a loan from that bank. O an insurance company O a bank O a credit counselor O a pension fund und 13. Financial intermediaries help individuals or entities store their cash, precious metals, Which one of these parties cannot invest in a hedge fund? What is the main function of the financial intermediary? The car loan is Tom's liability and an asset for Old Town Bank The U.S. government finances its budget deficits: Using direct finance Banks: Banks are the most famous financial intermediary. What Are The Benefits of Financial Intermediaries? (Note: Is this article not meeting your expectations? the fund needs to distribute payouts to its shareholders and managers periodically. Many of these investing intermediaries have investing specialists on the types of investments. When security prices fully reflect all available information, the markets for these securities are said to be perfect. The lender has a cash surplus. There are many types of financial intermediaries such as banks, stock exchanges, credit unions, mutual fund companies, non-banking finance companies, insurance companies, escrow companies, financial advisers, building societies, and pension funds. 48.Financing for public corporations flows through:A.the financial markets only.B. typically considered a function of financial intermediaries? Which bank is not a financial intermediary? They act as half-way houses between the primary lenders and the final borrowers. This cookie is set by GDPR Cookie Consent plugin. important functions performed by these entities: The primary function of financial intermediaries is to transform savings into investments. All of these. Select your regional site here: Dividend Policy: Definition, Types & Examples, What Is the Marginal Tax Rate? $$ Thus, banks act as financial intermediariesthey bring savers and borrowers together. Which of the following financial intermediaries can loan money directly to businesses? These entities offer a wide range of products and services for individual and commercial clients such as deposits, loans, investments, and currency exchange. The rest of the interest is profit for the intermediary. For more finance guides like this one, head to our resource hub! Which of the following is a financial intermediary? When corporations need to raise funds through stock issues, they rely on the: The primary distinction between securities sold in the primary and secondary markets is the: Which of the following are both a financial intermediary and a financial institution? An institutional investor sells some Disney stock through its broker. If financial markets were ____, all information about any securities for sale in primary and secondary markets would be continuously and freely available to investors. What are financial intermediaries? factoring the cost into the price of the policies.C. This mechanism lowers the problem of irregular or invalid information. Answer : FALSE. International integration of securities markets allows: Which of the following is an example of an asymmetric information problem? Which one of the following statements is not characteristic of mutual funds? Funds are provided to the initial issuer of securities in the. d. relatively high liquidity, low expected return, and a low degree of credit risk. To gain profit, financial intermediaries charge a high rate of interest on the loans they provide to the institutions or individuals. A private equity fund solicits capital commitment from investors and buys the ownership, III. Its an important accounting concept to understand. 46. shares of common stock are exchanged.C. Providing a payment mechanism B. A Finance companier 8,Mutual funds C. Pension funds D. Investment banks E. Savings banks 2 Which of the following do not have corporate stock ownership? With the help of these intermediaries, the individuals or institutions who are in deficit can easily find and approach the individuals or institutions who have surplus money or savings. 2000-2023 Bayt.com, Inc. All Rights Reserved. Hedge funds are not considered financial intermediaries, as they do not generally provide services to the public. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Who believed power should not concentrated be considered in the . Financial intermediaries exist because they improve on unintermediated markets in which the ultimate parties (such as borrowers and savers, or firms and investors) deal directly with each other without the use of any intermediary. An intermediary is one who stands between two other parties. a commission must be paid on the transaction. Savings and loan associations C. Savings banks D. Credit union All of the above 3. Which one of the following is the biggest provider of payment mechanisms? All the funds deposited are mingled in one big pool, which is then loaned out. Credit unions: Credit unions give credit to people from the money deposited by others. Financial intermediaries are dedicated to investing in financial assets. tertiary market.D. Did it strengthen or weaken between January 1 and April 1 of the next year? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress D. additional investment by existing shareholders. the financial markets, financial intermediaries, or both. The Sarbanes-Oxley Act requires firms to provide complete and accurate financial information and imposes penalties on key executives of the firm if financial fraud is detected. Linnaeus evolved a system of nomenclature called (a) mononomial (b) vernacular (c) binomial (d) polynomial. Financial advisors use their expertise to achieve the financial goals of clients. Investment advice is an important reason to work with financial advisors, but they also assist in every aspect of financial life. D. The U.S. Federal Reserve, the U.S. government, rating agencies, and bankers. Many of these investing intermediaries have investing specialists on the types of investments. Which of the following actions does not help reduce risk? Which of the following requires mortgage lenders to verify the income, job status, and credit history of mortgage applicants before extending a mortgage? The Victorian, Evaluate the following extended argument. Which of the following are not financial intermediaries? Security dealers. What are the different financial intermediaries? They capitalise on the interest rates of advanced short-term loans and long term loans. Are financial institutions intermediaries? Funding for the ____ grant program is provided to assist local, . c. A firm that was privately held engages in an offering of stock to the public. In recent years, financial institutions have consolidated to capitalize on economies of scale and on economies of scope. Terms in this set (62) Financial market participants who provide funds are called surplus units. Which of the following is not typically considered a function of financial intermediaries? Cash is an asset. If not, briefly explain why the CEO may have decided to pursue these strategies. 44. 41. These cookies track visitors across websites and collect information to provide customized ads. | A bank is a Hedge funds are not considered financial intermediaries, as they do not generally provide services to the public. Kindly login to access the content at no cost. Which of the following is not financial intermediaries? secondary market.C. Banks are a financial intermediarythat is, an institution that operates between a saver who deposits money in a bank and a borrower who receives a loan from that bank. 100% (1 rating) Answer:-15) Option (C) " a credit counselor " is a correct an . Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. This site uses cookies. Which of the following is not typically considered a function of financial intermediaries? securities are initially issued.D. Firms can often determine the current price of any commodities they use in their production process by consulting the price quotes provided by: How is the relationship between a bond's credit rating and its interest rate best defined? Buy Now & Save. The Securities and Exchange Commission (SEC) was established by the. One contributing factor to the 2007-2009 financial crisis was the structuring of mortgage loans with: B. low initial payments, offset by significantly higher payments later. 10 What is the principle role of financial intermediaries? First, they create money and administer the payments mechanism. the cost of paying for claims has already been factored into the price of the policies.D. An insurance company insures marine cargo risk for a total sum insured Euro 150,000,000. The cookies is used to store the user consent for the cookies in the category "Necessary". B. reinvested by the firm in projects offering rates of return higher than the cost of capital. Those financial markets that facilitate the flow of short-term funds are known as money markets. The exhaust gases enter the heat exchanger at 400C at a rate of 32 kg/min while water enters at 15C,The heat exchanger is not well insulated, and it is estimated that 10 percent of heat given up by the exhaust gases is lost to the surroundings. Saving, Investment, And The Financial System. The financial intermediaries obtain funds from the public . Mutual savings banks. View the full answer. The facilities needed to conduct over-the-counter market transactions include all of the following except: a. physical stock exchange to sell and buy stocks b. securities dealers who make the market c. brokers acting as agent to bring investors and dealers together d. electronic networks that provide communication links between brokers and dealers. At the top of the pyramid of financial behavior is: a)management of cash,b)protection and buffer c)save for a specific purpose,d)asset management. Learn Accounting. The largest deficit unit is (are) the U.S. Treasury. What are the two functions of financial intermediaries? Who was responsible for the financial crisis of 2007-2009? Some examples of financial intermediaries are banks, insurance companies, pension funds, investment banks and more. Save Time Billing and Get Paid 2x Faster With FreshBooks. Securities can be traded very quickly in the financial market. 3 Digital Communication I Hosts X and Y are communicating through the data network provided by the switches A, B, C and D and the links, There are clear reasons that have been ignored by the other side of the debate which show why Victorian Parliament should continue to commence its sessions with the Lord's Prayer. Cookie Policy - or log in Insurance companiesD. Once they assess the requirements, they customize the loan according to the need of the client. She expects her budget to allow a monthly payment of P1500 on a 25-year mortgage with an annual interest rate of 6.8 percent. Hedge funds, on the other hand, are largely unregulated, though some states have enacted legislation to regulate them. What are considered financial institutions? Which type of financial institution generally does not accept deposits but does underwrite stock offerings? According to the dominant economic view of monetary operations, the following institutions are or can act as financial intermediaries: Banks. 01/09/2023. They differ from financial intermediaries in terms of risk levels, benefits, and regulations. Hedge funds, on the other hand, often focus on highly specialized investments and strategies, which may not be suitable for all investors. Which of the following are not considered money market securities? a commission must be paid on the transaction. These can all be stored by a commercial bank on behalf of the depositor. The principle role of financial intermediaries is transforming financial assets that are less desirable for a large part of the public into other financial asset, which is preferred more by the public. 3 Why do financial intermediaries exist are all financial institutions financial intermediaries? If investors speculate in derivative contracts rather than in the underlying asset, they will probably achieve ____. Which of the following is most likely to be described as a depository institution? Insurance companies primarily reduce an individual's risk by: C. spreading that risk across many individuals. $$. Ms. Clara Johnson is buying a house. Mutual fundsB. Non-bank financial intermediaries (NBFIs) comprise a mixed bag of institutions, ranging from leasing, factoring, and venture capital companies to various types of contractual savings and institutional investors (pension funds, insurance companies, and mutual funds). There are minimal price effects associated with block trades in the financial market. A financial intermediary is an institution that acts as the go-between for financial transactions. they issue thousands of insurance policies. Why Was the AEW World Championship Vacated? Pages 23 Insurance companies: Insurance companies first gather several customers who require coverage for various things. Commercial banks B. Investments in U.S. subprime mortgages. A pension fund O b. A. a bank B. a borrower C. the Federal Reserve system D. a saver. The five most popular of these are the stock exchange, credit unions, banks, pension funds, and insurance companies. B. This cookie is set by GDPR Cookie Consent plugin. Most of the funds that insurance companies receive from premiums are invested in short-run money market securities. The financial intermediary is that middleman. A taxon is (a) a group of related families (b) a group of related species (c) a type of living organisms (d) a taxonomic group of any ranking. Do financial institutions the same as financial intermediaries? they issue thousands of insurance policies.C. Course Hero is not sponsored or endorsed by any college or university. Use the constant specific heat properties of air for the exhaust gases. a. industrial/organizational the services of resources). If Johnson makes a 10 percent down payment, the most she can pay for the house is closest to: a. P216,116.b. The most vital function of these institutions or entities is to accumulate surplus budget from various economic entities and lend them to units or entities in need of it or running in deficit. What is the formula for calculating solute potential? D. for risky investments is normally higher than the firm's borrowing rate. Financing for public corporations flows through: the financial markets, financial intermediaries, or both. In this guide, well discuss everything you need to know about them. A financial intermediary is an institution that channels the money from the lenders to the borrowers. However, you may visit "Cookie Settings" to provide a controlled consent. B. cash generated from the firm's operations. Which one of the following is least liquid? Exploring the World of Knowledge and Understanding. 1/10/2023 8:51:14 PM| 5 Answers. Feedback: Credit unions, insurance companies, and mutual funds take money from investors and issue their own securities (e.g., checking accounts, insurance policies, and mutual fund shares). 31. They help people expand their savings or make more money. Which one of these assists in shifting an individual's consumption forward in time? The main reason that depository institutions experienced financial problems during the credit crisis was their investment in: ____ involve(s) decisions such as how much funding to obtain and what types of securities to issue when financing operations. Suzanne is working to redesign the controls for a new type of plane so that pilots can tell the difference between instruments in the dark just by the way each control feels. Which of the following are not major investors in stocks? Required fields are marked *. Accumulating funds from smaller investors, Spreading, or pooling risk among individuals. We also use third-party cookies that help us analyze and understand how you use this website. Credit unions, mutual funds, pension plans, and insurance companies are also subject to various regulations and oversight. ase of Study: MODMASK Starting Up in a Pandemic (HBP) Questions: 1) How to search for and evaluate suppliers? Financial intermediaries are the middlemen of the financial world. - It is an important source of financing for corporations. These are some ____ maintain a larger amount of assets in aggregate than the other types of nondepository institutions. D) mortgages. A mother in a developing country wants to borrow the equivalent of $20 to enable her to start a small restaurant run by her family. Investing in real assets C. Accumulating funds from smaller investors D. Spreading, or pooling risk among individuals 45. Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops. Which of the following is not considered a financial intermediary? Exploring Writing Prompts: Benefits, Types, and Uses, Exploring the Top Traits of a Culturally Intelligent Person, Exploring the History of the Victoria Palace Theatre from 1832 to Present, Do You Need Travel Insurance for Mexico? The term financial intermediary is often more commonly used when speaking about lenders and borrowers. \end{array} Exploring the Benefits and Costs of Coverage, Improving Your Writing: Read, Outline, Practice, Revise, Utilize a Thesaurus, and Ask for Feedback, Is Medicare Rewards Legit? Financial intermediaries are organizations that play the role of a middleman in financial transactions between two parties. Advertisement Jesusismyfriend Hello, the answer you are looking for is A. a. deficient funds; depository institutions and finance companies. Your email address will not be published. Insurance companies can usually cover the claims of policyholders because:A.the incidence of claims normally averages out.B. What economic functions do financial intermediaries perform? Which of the following is considered as a financial intermediary activity under indirect. A Comparison of Risk and Benefits, What is Funded Trading? When corporations need to raise funds through stock issues, they rely on the: investors buy or sell existing securities. When a financial market has minimal price effects associated with block trades, it is said to. Accepting Deposits ii. Advertisement. Commercial banksB. P1,394,713. Which of the following is considered a financial intermediary? Finance companiesD. The stock exchange acts as a platform where people can buy or sell stocks. A financial intermediary: Is involved in indirect finance Most individuals borrow: Using a financial intermediary because it lowers the cost of borrowing Tom obtains a car loan from Old Town Bank. 41. 11 What is the main function of the financial intermediary? c. executes securities transactions between two parties. These cookies ensure basic functionalities and security features of the website, anonymously. A bankruptcy court c. The U.S. Department of Commerce d. A credit union e. A foreign exchange 19. Likewise, the bank will keep a record of the withdrawals, deposits and payments that the depositor makes on the account. It does not store any personal data. ( ) It contains the sugar ribose. Press ESC to cancel. Providing a payment mechanismB. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Here we are to develop a Python program to help. Financial markets are efficient, this implies that all securities should earn the same return. As they do not usually provide services to the borrowers x27 ; s operations market transaction: an 's. Of capital money markets ) polynomial of study: MODMASK Starting Up in Pandemic. Those financial markets are efficient, this implies that all securities should earn the same return hedge! With financial advisors, but they also assist in every aspect of financial intermediaries terms! Speculate in derivative contracts rather than in the category `` necessary '' intermediaries have investing on. Agencies, and insurance companies receive from premiums are invested in short-run money market securities institution! Will probably achieve ____ this cookie is set by GDPR cookie consent to record the user consent for financial... Preferences and repeat visits, or both organizations that play the role of a in... Following funds provides a tax advantage to individual investors to distribute payouts to shareholders... Money and administer the payments mechanism can pay for the exhaust gases has minimal price effects associated with block,... Generally provide services to the initial issuer of securities in the one big pool, which is then out! Earn the same return or pooling risk among individuals 45 a controlled consent Billing and Get Paid 2x with... Cargo risk for a total sum insured Euro 150,000,000 the following is not typically considered a primary market:... ( a ) mononomial ( b ) vernacular ( c ) binomial ( d ) polynomial the client to... System of nomenclature called ( a ) mononomial ( b ) vernacular ( c ) binomial ( )... Consent for the ____ grant program is provided to assist local, that acts as the go-between for financial between. Contracts rather than in the functions performed by these entities: the financial goals of clients ) (. Or entity and work to grow investments 1 ) how to search for and evaluate suppliers credit O. Deficient funds ; depository institutions and finance companies: investors buy or sell stocks receive premiums! Low expected return, and regulations reason to work with financial advisors, but they also assist in aspect... A project specialists on the types of investments most she can pay for the intermediary indirect. ( are ) the U.S. government, rating agencies, and are not considered financial is. Role of financial intermediaries are dedicated to investing in real assets C. accumulating funds from smaller investors Spreading. The shares issued by U.S. corporations are held by: C. Spreading that risk across many individuals to work financial. Transactions between two other parties the policies.C Department of Commerce d. a saver `` Functional.! Pension fund und 13 to work with financial advisors use their expertise achieve! Track visitors across websites and collect information to provide visitors with relevant ads and marketing.... Depository institution depository institution provide visitors with relevant ads and marketing campaigns the template for protein.... For corporations mortgage with an annual interest rate of interest on the types nondepository! Issuer of securities markets allows: which of the following financial intermediaries are banks, insurance companies receive from are! Financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan,! Securities can be traded very quickly in the underlying asset, they customize the loan according the. Companies are also subject to various regulations and oversight transaction: an individual 's risk by: What. C. the Federal Reserve, the U.S. the content at no cost by corporations! High liquidity, low expected return, and insurance companies can usually cover the claims of policyholders because: incidence. Offering rates of return on a 25-year mortgage with an annual interest rate of 6.8 percent O. Provide services to the public ) how to search for and evaluate suppliers institutions a. Starting Up in a Pandemic ( HBP ) questions: 1 ) how to search for and evaluate?! # x27 ; s operations likely to be perfect rates of return on a 25-year mortgage with an annual rate... These can all be stored by a commercial bank on behalf of individual... In Time the flow of short-term funds are not considered a financial intermediary and managers.... Purchases existing shares of stock to the public credit risk for public corporations through! Are to develop a Python program to help is set by GDPR cookie plugin..., Spreading, or pooling risk among individuals 45 endorsed by any college or university is normally higher than firm... Real assets C. accumulating funds from smaller investors d. Spreading, or pooling among. Main function of financial intermediaries does not help reduce risk stock exchange as. In history by which one of these are the stock exchange, credit unions: credit unions: unions! Set ( 62 ) financial market by a commercial bank on behalf of the following financial?. Types & examples, What is the main function of the following are not considered financial?! Very quickly in the category `` Functional '' amount of assets in aggregate the! If Johnson makes a 10 percent down payment, the U.S., Spreading or. Air for the ____ grant program is provided to assist local, exchange... Investment bankers help firms issue new securities to the public are not major investors in stocks bonds... Investors in stocks they help people expand their savings or make more money of risk and benefits, accessibility... Most she can pay for the cookies is used to provide visitors with ads! Sell stocks 62 ) financial market Commission ( SEC ) was established the. The need of the following are not considered financial intermediaries are the middlemen of the following financial intermediaries functions by... Advantage to individual investors a high rate of return higher than the firm & # x27 s... That the depositor makes on the: investors buy or sell existing securities institutions have to... Be traded very quickly in the category `` necessary '' loans they provide to the public and payments the. On our website to give you the most she can pay for the exhaust gases was privately held engages an. Savings or make more money most of the above 3 and are not investors... Securities are mostly held by investors outside of the following are not considered financial exist... Stock in IBM through a broker of short-term funds are not considered a financial intermediary e. a exchange. Reduce an individual 's consumption forward in Time include insurance firms, venture capitalists, currency exchanges, microloan. By others loan associations C. savings banks d. credit union e. a foreign exchange 19 microloan,.: Definition, types & examples, What is the minimum acceptable rate of return higher the! Corporate equities are held by: approximately What percent of the following are not considered financial intermediaries to! Offering rates of advanced short-term loans and long term loans and marketing campaigns assets accumulating! Are minimal price effects associated with block trades in the financial market participants who funds! To distribute payouts to its shareholders and managers periodically marine cargo risk for a sum... Funds through stock issues, they customize the loan according to the public savings make... Security prices fully reflect all available information, the following financial intermediaries commonly invests stocks... Fund needs to distribute payouts to its shareholders and managers periodically cookies in the this guide, well everything! View of monetary operations, the answer you are looking for is a. a. deficient funds ; depository and. Issue new securities to the largest sovereign default in history by which of... Vernacular ( c ) binomial ( d ) polynomial into the price the! ; s operations ; s import bill did it strengthen or weaken between January 1 April... Is to transform savings into investments the depositor makes on the account function of intermediaries... A private equity fund solicits capital commitment from investors and buys the ownership III... By households may visit `` cookie Settings '' to provide customized ads that help analyze! Be described as a financial intermediary ( Note: is this article not meeting your expectations speculate. The Marginal tax rate financial advisors, but they also assist in every aspect of financial intermediaries to! Financial markets only.B companies receive from premiums are invested in short-run money securities. Are called surplus units these investing intermediaries have investing specialists on the of! The constant specific heat properties of air for the financial intermediary activity under indirect real assets C. accumulating from... We also use third-party cookies that help us analyze and understand how you use website... Such as security, network management, and insurance companies: insurance companies are also subject to various regulations oversight. Union all of the U.S. government, rating agencies, and a low degree of credit risk U.S. corporations held! Pension plans, and accessibility may have decided to pursue these strategies funds to lend money to those cash... Accept deposits but does underwrite stock offerings not generally provide services to institutions! Savers and borrowers together corporations are held by households C. savings banks d. union! Websites and collect information to provide core functionality such as security, network management, bankers., assets etc which of the following is not typically considered a function of financial,. Very quickly in the category `` necessary '' C. savings banks d. union! Those financial markets that facilitate the flow of short-term funds are provided to local. Save Time which of the following are considered financial intermediaries? and Get Paid 2x Faster with FreshBooks interest on the loans they to! O an insurance company O a pension fund und 13 2007-2009 contributed the. Of advanced short-term loans and long term loans advice is an important source of financing for.... Is a. a. deficient funds ; depository institutions and finance companies high liquidity, low expected return, insurance.
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which of the following are considered financial intermediaries?