Question: What are the functions please name atleast four specific functions of all financial institutions (banks, investment banks, credit unions, mutual funds, insurance companies, pension funds,

What are the functions please name atleast four specific functions of all financial institutions (banks, investment banks, credit unions, mutual funds, insurance companies, pension funds, etc.) in our economic system? How should financial institutions make the economic system more efficient?

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Financial institutions play a crucial role in the economic system by providing various functions that help in the smooth operation and development of ... View full answer

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