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  6. What is the economic benefit of
Question 75 / 96:  What is the economic benefit of a credit intermediary such as a bank?
Answer: 

The bank matches up savers with borrowers. The bank's presence

helps lower the cost of finding each other, and it makes the

process safer for lenders.

Sample Partial Credit Answer

Businesses that need funds can borrow them from a bank.
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Capitalism: The Market Economy

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Attribution:  Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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