Which is NOT a primary role of financial intermediaries in the market for funds?
A) collecting taxes on financial transactions
B) reducing transaction costs
C) spreading risk
D) reducing information costs

Question

Quizplus · Accepted Answer

Collecting taxes on financial transactions is not a primary role of financial intermediaries in the market for funds. Their primary role is to reduce transaction costs, spread risk, and reduce information costs.

Which Is NOT a Primary Role of Financial Intermediaries in the Market