write a report about: Components of the U.S. Financial Market System |
Components of the U.S. Financial Market System are as follows
1) Money
It is used as a medium to buy goods or services. It is also a standard unit of measurement
2) Financial instruments
These are formal obligations that entitle one party to recieve payment or a share of assets from another party.
3) Financial markets
It is a place where financial instruments can be sold.
4) Financial Institutions
This institutions connects borrowers and lenders and provide acces to financial market
5) Central banks
This banks handle goverment finances
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