Question 1 a. What is the definition of financial intermediation? How can the prospect of financial intermediation impro

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Question 1 a. What is the definition of financial intermediation? How can the prospect of financial intermediation impro

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Question 1
a. What is the definition of financial intermediation? How canthe prospect of financial intermediation improve the financialsystem's efficiency?
b. How can adverse selection problems affect the performance offinancial institutions?
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