A healthy and constantly evolving financial system is the foundation for economic efficiency and economic growth. Out of the six parts of the financial system, select two and explain why you believe they are most important elements for economic efficiency. Select two that you did not select and explain why you believe they are not the most important elements. 1. a) Money b) Financial instruments c) Financial markets d) Financial institutions e) Government regulatory agencies f) Central banks

A healthy and constantly evolving financial system is the foundation for economic efficiency and economic growth. Out of the six parts of the financial system, select two and explain why you believe they are most important elements for economic efficiency. Select two that you did not select and explain why you believe they are not the most important elements. 1. a) Money b) Financial instruments c) Financial markets d) Financial institutions e) Government regulatory agencies f) Central banks

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A healthy and constantly evolving financial system is the foundation for
economic efficiency and economic growth. Out of the six parts of the financial
system, select two and explain why you believe they are most important elements for
economic efficiency. Select two that you did not select and explain why you believe
they are not the most important elements.
1.
a)
Money
b)
Financial instruments
c)
Financial markets
d)
Financial institutions
e)
Government regulatory agencies.
f)
Central banks

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