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  2. Topic
    History
  3. Study Set
    American Economic History
  4. Exam
    Exam 19: Financial Developments 1863–1914
  5. Question
    Borrowers Rely on Financial Intermediaries to Hold and Find Uses
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Borrowers Rely on Financial Intermediaries to Hold and Find Uses

Question 53

Question 53

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Borrowers rely on financial intermediaries to hold and find uses for their funds that promise a positive expected rate of return.

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