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3. why are financial institutions beneficial to society? a. they help t…

Question

  1. why are financial institutions beneficial to society?

a. they help the overall economy run smoothly
b. they provide a safe place to keep your money
c. easily accessible
d. all the above

Explanation:

Brief Explanations

Each option describes a valid societal benefit of financial institutions: they facilitate economic stability by channeling funds, offer secure storage for personal funds, and ensure users can access their money conveniently. All these points are correct.

Answer:

d. All the above