Which is NOT a common characteristic of financial intermediaries? * A. None of the choices. B. Offers secure storage for their clients' assets. C. Having a diversified portfolio of investments. D. Clients are given investment advice as to which investments are profitable. E. The risks posed by various financial intermediaries are the same.

Which is NOT a common characteristic of financial intermediaries? * A. None of the choices. B. Offers secure storage for their clients' assets. C. Having a diversified portfolio of investments. D. Clients are given investment advice as to which investments are profitable. E. The risks posed by various financial intermediaries are the same.

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter12: Money, Banking And The Financial System

Section: Chapter Questions

Problem 16QP

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