Which of the following serves as an intermediary channeling the savings of individuals, businesses, and governments into loans and investments?
A) financial institutions
B) financial markets
C) Securities and Exchange Commission
D) OTC market
Correct Answer:
Verified
Q1: Most businesses raise money by selling their
Q3: Firms that require funds from external sources
Q4: The sale of a new security directly
Q5: A primary market is a financial market
Q6: Government can obtain funds _.
A) by trading
Q7: Financial markets are intermediaries that channel the
Q8: Which of the following is a means
Q9: Which of the following assists companies in
Q10: Commercial banks advise firms on major transactions
Q11: The Glass-Steagall Act was imposed to allow
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