Financial intermediaries:

a) increase transaction costs.
b) increase information costs.
c) increase overall risk to savers in order to make more money.
d) allow a greater flow of funds between savers and investors.

Ans: d) allow a greater flow of funds between savers and investors.

Economics

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In 1820, the country with the highest per capita GDP was

A) Australia. B) the United States. C) Austria. D) Germany. E) the Netherlands.

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