Institutions serving as links between surplus and deficit units can be identified as
ECONOMICS
JAMB 2023
Institutions serving as links between surplus and deficit units can be identified as
- A. tax officers
- B. pension offices
- C. financial intermediates
- D. acceptance houses
Correct Answer: C. financial intermediates
Explanation
financial intermediary is typically an institution that facilitates the channeling of funds between lenders and borrowers indirectly.
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