Banks Act as Financial Intermediaries By

question 64

Multiple Choice

Banks act as financial intermediaries by:

• A)bringing together car buyers and auto dealers.
• B)bringing together real estate brokers and home buyers.
• C)printing money for all to use.
• D)serving the credit needs of borrowers and the security needs of savers.
• E)selling shares of stock to investors.

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Definitions:

Income Received

The total earnings obtained by individuals or entities, typically through employment, investments, or other sources, during a specified period.

Lower Two Quintiles

Refers to the bottom 40% of a population when it is divided into five equal groups according to income levels.

Income Earned

The total amount of money received by an individual or a business in exchange for labor or the provision of services during a certain period.

Black Children

A term referring to children of African or African American descent.