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If Firm A owns no real assets of its own, but simply accepts the savings of...

If Firm A owns no real assets of its own, but simply accepts the savings of individuals and invests them in financial assets issued by other firms or individuals, Firm A is a financial intermediary.

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False

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Answer #1

A financial intermediary channels funds between two parties ie the lenders who saves the money and the borrowers who borrows money to invest. These intermediaries may or may not own assets on their own.

Answer is True

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