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Business, 10.09.2019 18:30 badpotterchris

Without the participation of financial intermediaries in financial market transactions,
1) information and transaction costs would be lower. 2) transaction costs would be higher but information costs would be unchanged. 3) information costs would be higher but transaction costs would be unchanged. 4) information and transaction costs would be higher.

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Without the participation of financial intermediaries in financial market transactions,
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