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Financial System

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PPGPortal > Home > Concept Dictionary > F, G, H > Financial System
 

Financial System 

The group of institutions in the economy that help to match one person's saving with another person's investment.

(Mankiw, N. Gregory, Ronald Kneebone, Kenneth J. McKenzie and Nicholas Rowe. 2008. Principles of Macroeconomics, 4th Canadian ed. Toronto: Thomson Nelson.)

     

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