Suppose financial intermediaries did not exist and only direct finance were possible. How would this affect the
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Suppose financial intermediaries did not exist and only direct finance were possible. How would this affect the process of an individual buying a car or a house?
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Direct finance would make the process of an individual buying a car or a house much more difficul...View the full answer
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Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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