Financial intermediaries' low transaction costs allow them to provide ________ services that make it easier for customers to conduct transactions.
A)liquidity
B)conduction
C)transcendental
D)equitable

Question

Quizplus · Accepted Answer

Financial intermediaries are able to provide liquidity services to customers due to their low transaction costs. Liquidity services allow customers to easily buy and sell assets without incurring significant transaction costs themselves.

Financial Intermediaries' Low Transaction Costs Allow Them to Provide ________