Question

Banks act as financial intermediaries by: 1) bringing together car buyers and auto dealers 2) bringing...

Banks act as financial intermediaries by:

1) bringing together car buyers and auto dealers

2) bringing together real estate brokers and home buyers

3) printing money for all to use

4) serving the credit needs of borrowers and the security needs of savers

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Answer #1

4) serving the credit needs of borrowers and the security needs of savers

Explanation: Savers deposit their money with the bank and borrowers borrow the money from the bank. This way banks mobilizes funds from the savers to the borrowers.

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