EBK ECONOMICS OF MONEY, BANKING AND FIN
EBK ECONOMICS OF MONEY, BANKING AND FIN
5th Edition
ISBN: 8220106799727
Author: Mishkin
Publisher: PEARSON
Question
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Chapter 1, Problem 4Q
To determine

The link between well-performing financial markets and economic growth and to name one channel through which financial markets might affect economic growth and poverty.

Concept Introduction:

Financial Market - It is a market in which financial securities such as bond, shares, etc are traded.

Economic Growth - It refers to an increase in the economic activities. It takes into consideration the increase in the goods and services produced in the economy.

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