Chapter 17: Q.19 (page 426)
Why are banks called “financial intermediaries”?
Short Answer
Banks are alluded to be monetary intermediates since they go about as a connection among savers and borrowers.
Chapter 17: Q.19 (page 426)
Why are banks called “financial intermediaries”?
Banks are alluded to be monetary intermediates since they go about as a connection among savers and borrowers.
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