Which of the following is not a major purpose of financial intermediaries?
A) Transaction costs
B) Diversification
C) Information
D) All of the above are major purposes of financial intermediaries.

Question

Quizplus · Accepted Answer

All of the choices listed (transaction costs, diversification, and information) are major purposes of financial intermediaries. Therefore, D is not a correct answer.

Which of the Following Is Not a Major Purpose of Financial