Financial institutions have a role of intermediaries in the financial markets. Their efforts reduce frictions in form of cost, as well as improve monitoring and decrease price risk. True False Question 24 If the Federal Reserve of the United States wants to manipulate the size of the money supply, it would consider Issuing brand new Treasury bonds in the primary markets Making adjustments to taxes on interest earned on Treasury securities Selling and buying T-bills in the secondary market Changing coupon rates on Treasury securities None of the above