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An institution standing between savers who deposit and borrowers who take loans is a financial:
AInstructor
BInventor
CIntermediary
DInspector
Answer & Solution
Correct answer: C. Intermediary
1. It sits between two groups.
2. Banks are the example.
3. It is a financial intermediary.
_Source: OpenStax Principles of Economics 3e, Chapter 27, Money and Banking._
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