Question Description
I'm working on a finance question and need an explanation and answer to help me learn.
- Why do financial markets exist? How would the economy function without them? What are the potential disadvantages of financial intermediaries? Discuss
Explanation & Answer
View attached explanation and answer. Let me know if you have any questions.
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Financial Markets
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Financial Markets
Why Do Financial Markets Exist?
Financial markets direct the flow of investment and savings in the economy, hence
bringing people together to facilitate the allocation of money...