A significant recent trend in the provision of financial services is that households increasingly prefer denomination intermediation and information services provided by

Question

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Mutual funds and money market mutual funds provide both denomination intermediation (allowing investors to access a diversified portfolio of securities with smaller investments) and information services (providing research and analysis on various investment options). This has made them a popular choice for households seeking financial services. Commercial banks provide denomination intermediation but may not offer the same level of information services as mutual funds. Insurance companies and hedge funds are less commonly used by households for financial services.

A Significant Recent Trend in the Provision of Financial Services