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:

Permeable

Describes something that allows liquids or gases to pass through it, often used in the context of membranes or barriers.

Relative Homogeneity Effect

Tendency to see outgroup members as all the same, and ingroup members as more differentiated.

Social Categorisation

The process of classifying people into groups based on shared characteristics, which can simplify social perception but also contribute to stereotyping.

Relative Homogeneity Effect

The tendency to perceive members of an out-group as more similar to each other than members of the in-group, often leading to stereotyping.