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

    Solution Summary

    "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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