Answer to Question #236135 in Management for Nash

Question #236135
Explain the role that financial intermediaries play in the economy by giving a practical example
1
Expert's answer
2021-09-13T17:07:03-0400

The financial intermediaries' role in the economy is providing funds based on short-term or long-term needs, for example, money lending in credit facilities like loans. Moreover, the financial intermediaries assist the investors in growing their money in establishing economic activities like investing and maximizing their returns.


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