The Existence of Financial Intermediaries Greatly Increases the Efficiency of Financial

question 40

True/False

The existence of financial intermediaries greatly increases the efficiency of financial markets because, without them, savers would have to provide funds directly to borrowers, which would be a much costlier process.

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Definitions:

Structure

The arrangement and organization of components within a system, whether it's a physical structure, software code, or an organizational hierarchy.

Magnitude Of Importance

Magnitude of importance refers to the level of significance or priority assigned to something based on its impact or value.

Professional Appearance

Professional appearance refers to the manner of dress and grooming suitable for a workplace, contributing to an individual's business image.

Integrated Appearance

The cohesive and uniform look and feel of a software or device's user interface, ensuring consistency across its various components.