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Indirect Finance Refers to the Flow of Funds from Savers

question 103

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Indirect finance refers to the flow of funds from savers to borrowers through financial intermediaries.


Definitions:

Paralegals

Trained legal assistants who work under the supervision of attorneys, performing tasks like legal research, document preparation, and client interviews.

Businessmen

Individuals engaged in commercial or industrial business activities, often with decision-making power and ownership stakes.

Businesswomen

Female entrepreneurs or professionals engaged in commercial or industrial activities with the aim of generating profits.

Employment Law

The area of law that deals with the rights and obligations of workers, employers, and labor unions.

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