Practice Is Not Essential to Effective Learning

question 65

True/False

Practice is not essential to effective learning.

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Definitions:

Financial Intermediaries

are institutions that facilitate the channeling of funds between savers and borrowers, including banks, investment companies, and insurance companies.

Severe Penalties

Punishments or sanctions that are especially harsh or stringent, typically applied in legal contexts.

Financial Intermediaries

Institutions that facilitate the channeling of funds from savers to borrowers by intermediating between them.

Credit Needs

The requirement for borrowing funds to finance purchases, investments, or to bridge gaps in cash flow.