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Lecture Financial institutions, markets, and money (9th Edition): Chapter 1 - Kidwell, Blackwell, Whidbee, Peterson

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Lecture Financial institutions, markets, and money (9th Edition): Chapter 1 - Kidwell, Blackwell, Whidbee, Peterson

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Chapter 1 - An overview of financial markets and institutions. Chapter 1 presents an overview of the financial system and how it facilitates the allocation of money throughout the economy. The chapter begins by describing the role of the financial system, defining surplus and deficit spending units, and describing characteristics of financial claims.

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