If Firm A's Business Is to Obtain Savings from Individuals

question 8

True/False

If Firm A's business is to obtain savings from individuals and then invest them in financial assets issued by other firms or individuals, Firm A is a financial intermediary.

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Definitions:

Feedback Loop

A system structure where the output or the process is fed back in a circuitous route to the input to control, adjust, or stabilize operations, commonly seen in both engineering and biological systems.

Employed

pertains to being hired and working under a contract for a company or an individual, contributing labor in exchange for compensation.

Word-to-File Move

A process in programmable logic controllers (PLCs) where data is moved from one or more word-sized locations to a file or array.

File-to-File Move

A operation in computing where data is transferred directly from one file to another within the same or between different storage mediums.