Which of the Following Are Both a Financial Intermediary and a Financial

question 43

Multiple Choice

Which of the following are both a financial intermediary and a financial institution?

• A)mutual funds
• B)pension funds
• C)insurance companies
• D)hedge funds

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Definitions:

Interest Income

Income earned from various types of investments like savings accounts, bonds, and loans.

Provisional Income

Income calculation used to determine if a taxpayer's Social Security benefits are taxable.

Filing Status

A category that determines the rate at which an individual is taxed, based on marital status and sometimes other factors.

Economic Benefit

The advantage gained from salary, wages, investments, or any other source that increases an individual's wealth or resources.