Financial markets:. a. reduce diversification.
b. increase transaction costs.
c. determine tax rates.
d. provide liquidity.

b. increase transaction costs & d. provide liquidity.

Explanation:

Financial markets reduce diversification and provides liquidity. The market provides means for reduce diversification (reducing risk for borrowers & lenders) and also enhancing liquidity for borrowers & lenders as well.

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.