Which of the following intermediation services is discussed in the statement below?
Financial intermediaries buy financial claims issued by businesses and issue new claims with the maturities desired by households

Question

Which of the following intermediation services is discussed in the statement below?

Financial intermediaries buy financial claims issued by businesses and issue new claims with the maturities desired by households

Answer

d.  None of the options is correct

Answer

a.  Currency transformation

Answer

c.  Liquidity

Answer

b.  Credit risk diversification

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