Question

Banks are financial intermediaries because they: a)hold all the money in the economic system in currency...

Banks are financial intermediaries because they:

a)hold all the money in the economic system in currency form.

b)print money as needed for borrowers whether business, individual, or government entities.

c) accept deposits from businesses, individuals, and government entities.

d) operate between a saver who deposits money and a borrower who seeks a loan. Multiple choices

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