EBK ECONOMICS
EBK ECONOMICS
5th Edition
ISBN: 8220106907184
Author: KRUGMAN
Publisher: YUZU
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Chapter 25, Problem 14P
To determine

The important types of financial intermediaries in the U.S. economy

Concept Introduction:

Investment spending: All those spending which are done on physical capital which means that only expenses that increases economy level of physical capital is known as investment spending.

Primary Assets: It is a type of asset on which whole company or organization depends. If it is manufacturing unit then plant is the primary asset.

Financial Intermediaries: These are the institutions that help in transforming the money or the funds that it gets from different individuals into some financial assets.

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