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Without the participation of financial intermediaries in financial market transactions, Question 6 options: a ) information and transaction costs would be lower. b ) transaction
Without the participation of financial intermediaries in financial market transactions,
Question options:
a
information and transaction costs would be lower.
b
transaction costs would be higher but information costs would be unchanged.
c
information costs would be higher but transaction costs would be unchanged.
d
information and transaction costs would be higher.
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