Financial intermediaries, through their ability to lower transaction costs:

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Financial intermediaries, such as banks and investment firms, act as middlemen between savers and borrowers. By pooling funds from many savers and lending them to borrowers, they are able to lower transaction costs for both parties. This allows people to specialize in what they do best at the lowest opportunity cost, leading to increased efficiency in an economy.

Financial Intermediaries, Through Their Ability to Lower Transaction Costs