Which Statement Best Defines Financial Intermediaries

question 164

Multiple Choice

Which statement best defines financial intermediaries?

• A) They are the same as financial markets.
• B) They are individuals who make a profit by buying a stock low and selling it high.
• C) They are a more general name for financial assets, such as stocks, bonds, and chequing accounts.
• D) They are financial institutions through which savers can indirectly provide funds to borrowers.

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Definitions:

Lateral

Pertaining to the side, often used to describe relative position or direction in anatomy and medicine.

Medial

Situated toward the midline of the body or an organ.

Cartilage Degeneration

The breakdown or loss of the smooth cartilage tissue that covers the ends of bones in joints, leading to conditions such as osteoarthritis.

Skeletal

Relating to or functioning as a part of the skeleton, the internal framework that supports the body.