Without the Participation of Financial Intermediaries in Financial Market Transactions

question 9

Multiple Choice

Without the participation of financial intermediaries in financial market transactions,

• A)information and transaction costs would be lower.
• B)transaction costs would be higher but information costs would be unchanged.
• C)information costs would be higher but transaction costs would be unchanged.
• D)information and transaction costs would be higher.

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Definitions:

Gannett

An American mass media holding company recognized as one of the largest newspaper publishers in the United States.

Objective Reporting

Journalism that aims to report facts without bias, ensuring fairness and neutrality in news coverage.

Traditional News

News disseminated through established mediums such as newspapers, television, and radio, as opposed to digital or social media.

Personal Views

The individual opinions or beliefs held by a person, influenced by their background, experiences, and personal philosophy.