In the U.S. financial system, funds flow from net savers (such as households) to net investors (such
Question:
In the U.S. financial system, funds flow from net savers (such as households) to net investors
(such as businesses) through financial middlemen and financial intermediaries.
a. Financial middlemen include securities brokers and investment bankers.
b. Financial intermediaries include commercial banks, thrift institutions, investment companies, and finance companies. V=96
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