Question: Financial intermediaries Question 8 options: A) exist because there are substantial information and transaction costs in the economy. B) improve the lot of the small

Financial intermediaries

Question 8 options:

A)

exist because there are substantial information and transaction costs in the economy.

B)

improve the lot of the small saver.

C)

are involved in the process of indirect finance.

D)

do all of these.

E)

do only exist because there are substantial information and transaction costs in the economy and improve the lot of the small saver.

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