Question

Financial intermediaries are A. the same as financial markets. B. individuals who make profits by buying a stock low and selling it high. C. a more general name for financial assets such as stocks, bonds, and checking accounts. D. financial institutions through which savers can indirectly provide funds to borrowers.

Answer 1

D. financial institutions through which savers can indirectly provide funds to borrowers.

Step-by-step explanation:

Financial intermediaries are financial institutions through which savers can indirectly provide funds to borrowers.

Some examples of financial intermediaries include banks, unit trust firms, building societies etc.

This ultimately implies that, they are the middle men the lenders and borrowers in a financial transaction.