Learning Goal: I\’m working on a finance practice test / quiz and need a sample d

Learning Goal: I\’m working on a finance practice test / quiz and need a sample publish to help me learn.1. Explain the key roles of the financial system. Why is it so important to the broader economy to have an efficient and effective financial system?2. Compare and contrast debt and equity as a source of funds for financial claims.3. What are some problems with direct financing that make indirect financing more 4. Explain how you believe economic activity would be affected if there were no financial markets and institutions.5. What are the three sources of comparative advantage that financial institutions have over others in producing financial products?6. Explain the concept of financial intermediation. How does the possibility of financial intermediation increase the efficiency of the financial system?7. What is the difference between primary and secondary markets?8. Explain the differences between the money markets and the capital markets. Which market would Holden use to finance a new vehicle assembly plant? Why?9. Discuss three forms of financial market efficiency. Why is it important that financial markets be efficient?10. What are the major risks faced by financial institutions and why is it important that each is carefully managed?11. Why is globalisation of the international markets important to the Australian financial system?12. Discuss the four attributes of financial assets.13. Discuss the major derivative products.
Requirements: Paragraph or sentence.

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