Financial intermediaries:

1. act as middlemen to facilitate the issuance of new securities by firms and governments.
2. Bring borrowers and savers together (face-to-face) to facilitate the transfer of funds.
3. facilitate the transfer of funds from savers to demanders of capital a and b b and c.

The answer is 3. facilitate the transfer of funds from savers to demanders of capital

Explanation:

Financial intermediaries such as banks and financial institutions take deposits from the public as savings and allocate them to the demand erst of capital such as businesses and government.

This helps the overall economy by creating a flow of cash from excess sources to shortage sources.

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