Which of the following is the most likely role of financial intermediaries?
A) higher information costs
B) increase the funds available to borrowers
C) higher transaction costs
D) lower information cost but higher transaction costs
Answer: B
Which of the following is the most likely role of financial intermediaries?
A) higher information costs
B) increase the funds available to borrowers
C) higher transaction costs
D) lower information cost but higher transaction costs
Answer: B