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Large and Efficient Financial Systems

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Respond to the following statement: "Countries with large and efficient financial systems will generally achieve higher rates of economic growth than will countries with smaller, inefficient financial sectors." Do you agree? Why or why not?

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"Countries with large and efficient financial systems will generally achieve higher rates of economic growth than will countries with smaller, inefficient financial sectors." Do you agree? Why or why not?

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I agree with the above statement. Countries with large and efficient financial systems will achieve a higher rate of ...

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