All financial intermediaries are financial institutions, but not all financial institutions are financial intermediaries.
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Q7: When a firm wants to borrow directly
Q8: Lenders buy bonds and borrowers sell them.
Q9: Most entrepreneurs finance their purchases of real
Q10: Other things the same, the higher the
Q11: Because of differences in tax treatment, municipal
Q13: Banks and mutual funds are examples of
Q14: The financial system coordinates investment and saving,
Q15: The sale of either stocks or bonds
Q16: When economists refer to investment, they mean
Q17: Other things the same, corporate bonds generally
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