Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: big1devin on Jul 11, 2018
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Primary and secondary markets are markets for short-term and long-term securities, respectively.
Indicate whether the statement is true or false
Question 2
At its most basic level, the function of financial intermediaries is to ________.
A) track and report interest rates
B) move money from lenders to borrowers and back again
C) report all financial transactions to the federal government
D) effect a transfer of wealth in society
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Answer to Question 1
FALSE
Answer to Question 2
Answer: B