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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 10 Topic 2 Discussion

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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 10 Topic 2 Discussion

GLO_CWM_LVL_1 Exam Topic 2 Question 10 Discussion:
Question #: 10
Topic #: 2

Economists group commercial banks, savings and loan associations, credit unions, mutual funds, mutual savings banks, insurance companies, pension funds, and finance companies together under the heading financial intermediaries. Financial intermediaries
A.

act as middlemen, borrowing funds from those who have saved and lending these funds to others.

B.

play an important role in determining the quantity of money in the economy.

C.

help promote a more efficient and dynamic economy.

D.

do all of the above.

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Actual exam question for AAFM GLO_CWM_LVL_1 exam by Nova9619 at Aug 2, 2025, 12:00:00 AM

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