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:

Personal Gain

Benefiting or profiting oneself, often at the expense of others or through unethical means.

Cause-Related Marketing

A marketing strategy where businesses partner with non-profit organizations or causes to market a product or service with the aim of benefiting both parties.

Charitable Giving

The act of donating money, goods, or time to nonprofit organizations or causes in order to help others or support societal welfare.

Sponsorship

Involves providing funds for a sporting or cultural event in exchange for a direct association with the event.