A bank sits between savers who deposit and borrowers who take loans. I…

Question

A bank sits between savers who deposit and borrowers who take loans. It is a financial:

Accepted Answer

B. Intermediary

1. Money passes through the bank.
2. It links the two sides together.
3. That role is a financial intermediary.
_Source: OpenStax Principles of Macroeconomics 3e, Chapter 14, Money and Banking._

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Interviewer

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Interpreter

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Interceptor

A bank sits between savers who deposit and borrowers who take loans. It is a financial:

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