Savings are transferred from savers to borrowers through the following intermediaries, except:
A) Mutual funds
B) Pension funds
C) Real estate brokers
D) Insurance companies

Question

Quizplus · Accepted Answer

Real estate brokers are not intermediaries through which savings are transferred from savers to borrowers. They facilitate the buying and selling of properties but do not provide financial intermediation services. Mutual funds, pension funds, and insurance companies are all examples of intermediaries that transfer savings to borrowers.

Savings Are Transferred from Savers to Borrowers Through the Following