Question: Describe in detail some of the characteristics of the financial markets. What is the benefit of having a well-functioning financial market? Can you envision what
- Describe in detail some of the characteristics of the financial markets. What is the benefit of having a well-functioning financial market? Can you envision what would happen to the economy without it?
- Discuss the flow of funds through the financial system. In thinking about this also discuss the role of each of the types of financial institution in the overall financial system.
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