Economy, asked by hmingkima8, 1 month ago

discuss the role of financial institution economy​

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Answered by DARKIMPERIAL
5

Answer:

The primary role of financial institutions is to provide liquidity to the economy and permit a higher level of economic activity than would otherwise be possible. According to the Brookings Institute, banks accomplish this in three main ways: offering credit, managing markets and pooling risk among consumers.

Explanation:

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