1-81 FIs Perform Their Intermediary Function in Two Ways

question 84

Multiple Choice

1-81 FIs perform their intermediary function in two ways

• A)they specialize as brokers between savers and users.
• B)they serve as asset transformers by purchasing primary securities and issuing secondary securities.
• C)they serve as asset transformers by purchasing secondary securities and issuing primary securities.
• D)Answers A and B.
• E)Answers A and C.

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Definitions:

HIV/AIDS

Human Immunodeficiency Virus (HIV) is a virus that attacks the immune system; Acquired Immune Deficiency Syndrome (AIDS) is the most advanced stage of HIV infection.

Total Number

The entirety or sum of units or elements in a set or group, quantifying the amount present or involved.

Epidemic Of Infectious Diseases

A widespread occurrence of an infectious disease in a community at a particular time, significantly exceeding the expected baseline.