Why do we call a bank a financial intermediary?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 03:09 AM

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Why do we call a bank a financial intermediary?

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A bank is often referred to as a financial intermediary because it plays a crucial role in facilitating the flow of funds between different economic a...View the full answer

Principles Of Economics

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