A _________ is a type of financial intermediary that pools savings of individuals and makes them available to business and government demanders. Funds are obtained through the sale of shares.
A. savings bank
B. credit union
C. mutual fund
D. savings and loans
Answer:C
A _________ is a type of financial intermediary that pools savings of individuals and makes them available to business and government demanders. Funds are obtained through the sale of shares.
A. savings bank B. credit union C. mutual fund D. savings and loans