January 25, 1987 • Page Image 11
…• Understand i ng . financial-institutions By end U John n Financial in titution rve a intermediarie within our eco nomic unit who primary pur po i to man e the financial a set of other economic units - busine s con em or individ ual . They bring vers and inve tors together by lling curitie to ver for cash and lendin that cash to bor rower. Therefore, they trans fer money from one part of the economy to another' part of t...…

















































