1-55 Which function of an FI reduces transaction and information costs between a corporation and individual which may encourage a higher rate of savings?

Question

Quizplus · Accepted Answer

Brokerage services provided by financial intermediaries (FIs) help reduce transaction and information costs, making it easier and more efficient for individuals to invest and save, thus potentially encouraging a higher rate of savings.

1-55 Which Function of an FI Reduces Transaction and Information