contestada

It is fairly easy to acquire loans in Arzenia as the financial intermediaries of the country receive sufficient funds in the form of savings from its people and businesses. This enables them to turn the funds obtained into loans. Based on the information given in the scenario, these financial intermediaries are a form of _____.

a, securities and exchange commissions
b. mutual funds
c. treasury companies
d. depository institutions

Respuesta :

adefioyelaoye

Answer:

d. depository institutions

Explanation:

Depository institutions include institutions such as banks, savings associations, and credit unions. They encourage money savings.They are usually insured on a federal level.

When customers save their money with this institutions, the institutions use the money to provide loan facilities to people.

Otras preguntas