According to the structural approach, the financial system of an economy consists of three main...
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Accounting
According to the structural approach, the financial system of an economy consists of three main components:
| a. | Depository, investment and insurance (assurance) companies
| |
| b. | Central Banks, regulatory agencies and financial intermediaries
| |
| c. | Households (surplus), Firms (deficit) and financial intermediaries | |
| d. |
Financial markets, financial institutions, and financial regulators |
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