Financial institutions play an important role in the U.S. economy by:
A. collecting taxes for state governments.
B. setting minimum wage rates for workers.
C. printing paper money and minting coins.
D. investing money in new businesses.

The financial institutions are central banks, retail and commercial banks, credit unions, and association and mortgage companies. These institutions are business entities that provide the services to the intermediaries and offer financial and monetary transactions

Find out more information about the financial institutions.

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Financial institutions play an important role in the U.S. economy by: A. collecting taxes for state governments. B. setting minimum wage rates for workers. C. printing paper money and minting coins. D. investing money in new businesses.

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What are financial institutions?

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Financial institutions play an important role in the U.S. economy by:
A. collecting taxes for state governments.
B. setting minimum wage rates for workers.
C. printing paper money and minting coins.
D. investing money in new businesses.