Question: reference: https://youtu.be/VYU1Q-ryj_g Which advantages do financial institutions provide when compared to the financial markets? Why is liquidity important in defining the money supply for a

reference: https://youtu.be/VYU1Q-ryj_g

  • Which advantages do financial institutions provide when compared to the financial markets?
  • Why is liquidity important in defining the money supply for a country with sophisticated financial markets?
  • Which problems does a barter economy suffer from?
  • How do the functions of money overcome the problems associated with barter?
  • Identify the differences between M1, M2, M3, and L.
  • Judge whether credit cards should be a form of money.

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1 Advantages of Financial Institutions over Financial Markets Financial institutions provide a wide range of services including deposittaking lending investment and risk management all under one roof ... View full answer

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