Question 9When it is said that commercial banks are financial intermediaries, what is meant by this? What is theprimary way that commercial banks make a profit when they act as a financial intermediary?ParagraphВIUDIIO+ v...

A financial arbitrator is a business that acts as an intermediary between two parties in a financial…

Answered: en it is said that commercial banks are…

en it is said that commercial banks are financial intermediaries, what is meant by this? What is nary way that commercial banks make a profit when they act as a financial intermediary?

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter8: Savings,investment And The Financial System

Section: Chapter Questions

Problem 1QR

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