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pantera1 [17]
3 years ago
5

Within the context of the circular flow of income model, what is the role of financial intermediaries?

Business
1 answer:
Lesechka [4]3 years ago
8 0

Answer:

The role that financial intermediaries play in that diagram of the economy is to leakage or inject money.

Explanation:

To begin with, the concept known as "Circular Flow of Income" refers to a model that is famously known in the economics sciences due to the fact that it is a graphic that shows how the primary entities of the economy of a country interact with each other in order to have a particular outcome expected in the diagram. Therefore that in that context, the financial institutions play the role of intermediaries inside the flow meaning that the can they can either leakage or inject money to the flow. The first one they do it by helping the households to save money in accounts. And the second one they do it by helping the private sector in terms of investing regarding businesses.

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Since, the options have not been given, the question is incomplete. The complete question is as follows:

Acme Direct Funding’s loan package contains an additional acknowledgment certificate with instructions for the Notary Signing Agent to sign and affix a seal impression and return the certificate with the completed documents. Which of the following is the best course of action for the agent to take?

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Explanation:

The notary signing agent must not sign the acknowledgment certificate. The company or loan funding agency may require extra certificates to rectify any mistake committed by the notary signing agent on the deed. Any mistake on the loan package is not consultation with the client and rejected without sending back the documents to the notary signing agent to correct.

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