Chapter 1, Problem 13MC

Could you explain the relationship between money, credit, and financial institutions?.

Define financial system?

What are the key components of the financial system? Discuss each.

Describe the nature of the basic services of financial institutions. What are the channels through which the financial system matches savers and borrowers.? What is a financial intermediary?

Discuss the importance of financial markets, then illustrate with a diagram the flow of funds from lenders to borrowers in a financial system.

Explain why do financial institutions exist? And why at functions do they perform?Give proper example?

What is definition of financial services

Describe the importance of Financial Markets and Institutions.

Explain the nature and main objective of the financial system.