Economics:
Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
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Chapter 12, Problem 3E
To determine

The concept of financial intermediary is to be determined using an example.

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Students have asked these similar questions
Why do we call a bank a financial intermediary?
Identify two financial intermediaries. What are their respective functions? What are their major roles in the economy?
What are the reasons that young people might decide not to open a bank account?
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