Banks and mutual funds are examples of financial markets.
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Q8: Lenders buy bonds and borrowers sell them.
Q9: Most entrepreneurs finance their purchases of real
Q10: Other things the same, the higher the
Q11: Because of differences in tax treatment, municipal
Q12: All financial intermediaries are financial institutions, but
Q14: The financial system coordinates investment and saving,
Q15: The sale of either stocks or bonds
Q16: When economists refer to investment, they mean
Q17: Other things the same, corporate bonds generally
Q18: When a corporation experiences financial problems, bondholders
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