Financial Intermediaries Are Best Described As

question 97

Multiple Choice

Financial intermediaries are best described as:

• A)informal institutions that provide funds to the government to manage budget deficits.
• B)institutions that accept deposits and make loans.
• C)institutions that control the money supply in the economy.
• D)institutions that invest in various business ventures.
• E)individuals who manage their client's investment portfolios.

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Definitions:

Self-regulation

The ability of an individual to manage and control their thoughts, emotions, and behaviors in accordance with long-term goals.

Self-awareness

refers to the conscious knowledge of one's own character, feelings, motives, and desires.

Abstract Goals

Objectives that are not tangible or specific but involve broader, general ideas.

Envision the Future

The act of imagining or predicting what will or could happen in the future.