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9 March, 03:17

Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's security is known as

A. barter.

B. redistribution.

C. financial intermediation.

D. taxation

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Answers (1)
  1. 9 March, 04:28
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    Answer: Financial Intermediation.

    Explanation:

    Financial Intermediation is a method of wealth distribution common to Banks, where money deposited by it's customers is given out as loan to investors/individuals. The Banks are known as Financial Intermediaries as they are actively involved in wealth distribution.
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