Posted: January 14th, 2016
Which of the following is an example of financial intermediation?
Which of the following is an example of financial intermediation?
- Susan buys shares of stock issued by a fast food company.
- A foreign government buys bonds issued by the U.S. Treasury.
- John makes a deposit at a bank and the bank uses this money to make an auto loan to Luke.
- None of the choices apply.
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