Four Types of Financial Intermediaries Are

question 78

Multiple Choice

Four types of financial intermediaries are:

• A)mutual funds, pension funds, government, and the central bank.
• B)mutual funds, pension funds, life insurance companies, and banks.
• C)banks, stock markets, pension funds, and the central bank.
• D)the central bank, government, the stock market, and the Dow Jones Industrial Average.

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Definitions:

Open Account

A form of payment in which an importer doesn’t pay for goods until after they have been received, creating an unfavorable balance of value for the exporter.

Less Favorable

Describes conditions or treatment that are comparatively disadvantageous or inferior to others.

Potential Risk

A possibility of harm, loss, or any negative occurrence that may or may not happen in the future.

Least Safe

The condition or status of having the highest potential for danger or risk among compared alternatives.