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Eieio Eieio
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A month ago
Which of the following describes an organization that would not be considered a financial intermediary?

▸ A company which takes money from pension funds and retirement accounts and invests it into mutual funds

▸ A firm that borrows money from insurance companies and creates new financial products to sell to other institutional investors

▸ An organization that takes money from high-net worth individuals and uses it to buy struggling companies with the hopes that these companies will turn around and become profitable

▸ A firm that sells critical machine parts to an auto manufacturer
Textbook 

Macroeconomics


Edition: 3rd
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edatayedatay
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A month ago
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A firm that sells critical machine parts to an auto manufacturer

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