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Financial intermediaries such as banks and mutual funds help transfer capital from those with a surplus of funds to those who need capital. True or false
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Financial intermediaries such as banks and mutual funds help transfer capital from those with a surplus of funds to those who need capital. True or false

User Paullb
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Answer: true

Explanation: Through the use of financial intermediaries by businesses and individuals to save the capital, the financial intermediaries have Surplus funds to then lend to borrowers therefore providing the borrowers with capital

User Karissa
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