Surplus income units to what are termed shortfall income units. 1-4 List 5 financial intermediaries and brief description. 1. Commercial banks-Commercial banks are supervised by the FRS. (Federal Reserve System ) and they are assure by the FDIC (Federal Deposit Insurance Corporation ).Also may funds from other sources. They are source of residential loans that accept checking accounts and savings accounts. 2.Thrift institutions-May compete with commercial banks for demand deposits (checking accounts). Includes saving and loan institutions, joint savings banks, and credit unions. 3.Life insurance companies-Life insurance companies invest in many real estate properties in launch to instal a reserve and receive lump sum payments from individuals or organizations return for a promise to make future payments. 4.Investment companies- mob funds of many... If you want to get a full essay, order it on our website: Ordercustompaper.com
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