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QUESTION 1 Which of the following statements is true? In a world without financial intermediaries funds would directly flow from surplus units to deficit units
QUESTION 1 Which of the following statements is true? In a world without financial intermediaries funds would directly flow from surplus units to deficit units and lenders households) would need to monitor the actions of the firms to which they have lent their funds in a world without financial intermediaries lenders thouseholds) would need to monitor the actions of the firms to which they went the funds OC in a world without financial intermediaries the level of fund flows between household savers and the corporate sector is kely to be as high as it with financial intermediaries On a world without financial witermediaries funds would directly flow from surplus units to deficit uns
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