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What is a financial intermediary?

This question is part of mabstac4
Asked by Mablair_assoc, Last updated: Sep 22, 2020

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mablair_assoc

mablair_assoc

mablair_assoc
Mablair_assoc

Answered Mar 29, 2019

D: A commercial business.

A. Answer A is incorrect. A commercial bank is a financial intermediary. B. Answer B is incorrect. A mutual fund is a financial intermediary. C. Answer C is incorrect. An investment banker is a financial intermediary. D. Answer D is correct. A commercial business is not a financial intermediary.
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