Question: Question A Please answer it in details. Please answer it in details. Thanks. (a) Explain how the financial system performs the economic function of channelling

Question A

Please answer it in details. Please answer it in details. Thanks.

(a) Explain how the financial system performs the economic function of channelling funds among economic agents. Discuss the significance of its contribution.

(b) Discuss the economic contribution of money as a medium of exchange.

(d) What is the difference between Euro dollar bonds and foreign bonds?

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