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2.7 How do financial intermediaries reduce the transactions costs involved in making louna? if we lived in a world in which everyone were perfectly honest,

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2.7 How do financial intermediaries reduce the transactions costs involved in making louna? if we lived in a world in which everyone were perfectly honest, would the difference in the transactions costs faced by financial intermediaries when they make loans and those faced by small savers when they make loans disappear? Brially explain ion of contain

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