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    Business
  3. Study Set
    Money Banking
  4. Exam
    Exam 9: Transactions Costs, asymmetric Information, and the Structure of the Financial System
  5. Question
    What Are the Three Key Features of the Financial System
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What Are the Three Key Features of the Financial System

Question 106

Question 106

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What are the three key features of the financial system that result from the existence of transactions and information costs?

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First,loans from financial intermediarie...

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