Open Question: 25. Each of the following is an example of a financial intermediary EX

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25. Each of the following is an example of a financial intermediary EXCEPT a: A. commercial bank.B. credit union.C. bond market.D. savings and loan association.E. mutual fund. 26. Two reasons savers keep deposits at banks are to: A. secure mortgages and to purchase stocks.B. earn a return on their savings and to facilitate making payments.C. lower interest rates and to increase the money supply.D. equalize loan supply and demand and to earn interest.E. participate in international capital flows and to raise domestic interest rates.


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