Many market participants interact with financial institutions to organize the exchange of funds between surplus...
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Many market participants interact with financial institutions to organize the exchange of funds between surplus units and deficit units. Such institutions include commerclal banks, credit unions, insurance companies, mutual funds, pension funds, savings institutions, and securities firms. These institutions play key roles in facilitating the flow of funds between surplus units and deficit units. Which of the following are key roles of financial institutions? Check all that apply. They provide surplus units with full information within markets, completely removing information asymmetry from financlal markets. They bridge the information gap between surplus and defict units with their expertise in evaluating credit worthiness. They diversify their loans, which allows them to absorb defaulted loans better than individual surplus units. They offer deposit accounts that fit the needs of surplus units
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