Which function of a financial intermediary reduces transaction and information costs between a corporation and individual which may encourage a higher rate of savings? Select one: a. Administration of the payments mechanism b. Information production services. c. Money supply management. d. Asset transformation services. e. Brokerage services.

Financial Reporting, Financial Statement Analysis and Valuation
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ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter10: Forecasting Financial Statement
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Which function of a financial intermediary reduces transaction and information costs between a corporation and individual which may encourage a higher rate of savings?

Select one:
a.

Administration of the payments mechanism

b.

Information production services.

c.

Money supply management.

d.

Asset transformation services.

e.

Brokerage services.

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