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Question
A bank is a financial intermediary. Which of the following statements is most accurate?A. The bank's depositors are the ultimate lenders and the bank is the ultimate borrower.
B. People seeking loans from the bank are the ultimate spenders while the bank is the ultimate lender.
C. The bank's depositors are the ultimate lenders, while those seeking loans from the bank are the ultimate spenders.
D. Those seeking loans from the bank are the ultimate spenders; the bank's stockholders are the ultimate lenders.
Answer
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