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Financial intermediaries (e.g. banks, insurance companies, and mutual funds) serve which of the following purposes? a. Financial intermediaries allow for indirect investment in the capital
Financial intermediaries (e.g. banks, insurance companies, and mutual funds) serve which of the following purposes?
a. Financial intermediaries allow for indirect investment in the capital markets by households.
b. Aid in the flow of funds through the economy.
c. Help provide allocation of funds to the best investments.
d. All of these.
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