Insurance company as a financial intermediary

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A) Is an investment bank, while facilitating the issue of securities, acting as a financial intermediary? Explain.

b) Is an insurance company a financial intermediary? Explain.

c) The savings rate domestically has increased, probably due to uncertainty about the future (as a result of the recent economic downturn). All else equal, how should this affect market interest rates?

 

Reference no: EM1352444

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