Financial Intermediation Is

question 92

Multiple Choice

Financial intermediation is:

• A)Far less important than direct finance through stock and bond markets
• B)Only a little more important than direct finance in the United States
• C)Much more important than direct finance through stock and bond markets
• D)The same thing as finance through stock and bond markets

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Definitions:

Odometer

A device used in vehicles to measure and display the total distance the vehicle has traveled.

Rescind

To revoke, cancel, or repeal a contract, agreement, or law.

Agreement

A mutual understanding or arrangement between two or more parties, typically involving a contract or commitment.

Altered

Changed in form or character, typically in a way that improves or modifies the original.