Discuss the role of financial intermediaries and how they promote efficiency.

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Money Banking And Financial Markets

ISBN: 9781260226782

6th Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Mar 21, 2024 02:01 AM

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Discuss the role of financial intermediaries and how they promote efficiency.

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Financial intermediaries play a crucial role in the economy by facilitating the flow of funds between savers and borrowers They act as middlemen between those who have surplus funds savers and those w...View the full answer

Money Banking And Financial Markets

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