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A flow of funds from savers to borrowers through financial intermediaries such as banks is ▼ direct indirect ​finance, while a flow of funds from savers to firms through financial​ markets, such as the new york stock exchange is

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W0lf93
As money flows from borrowers through the intermediaries, this becomes a form of indirect finance, since the business is not directly receiving the money. When the firms receive the money from the savers personally, this is a form of direct finance.

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