Question: 20. Financial intermediaries: Select one: a.act as a third party by issuing deposits to savers and buying financial assets from borrowers. b.always provide lenders with

20. Financial intermediaries:

Select one: a.act as a third party by issuing deposits to savers and buying financial assets from borrowers. b.always provide lenders with higher returns. c.issue claims on future cash flows of individual borrowers directly to initial lenders. d.transmit funds directly between lenders and borrowers. e.only act as agents for the transactions between lenders and borrowers.

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