Financial intermediaries are organizations such as commercial banks, pension funds and insurance companies. They are responsible in transferring if funds from ones who have the to the ones who need them. Describe the difference in the function of financial intermediaries in the United States and other parts of the world.

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Chapter 3, Problem 8PROB

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Financial intermediaries are organizations such as commercial banks, pension funds and insurance companies. They are responsible in transferring if funds from ones who have the to the ones who need them.

Describe the difference in the function of financial intermediaries in the United States and other parts of the world.

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