The U.S. financial system is composed of (1) policy makers, (2) a monetary system, (3) financial institutions,
Question:
The U.S. financial system is composed of (1) policy makers, (2) a monetary system, (3) financial institutions, and (4) financial markets. Indicate which of these components is associated with each of the following roles.
a. Accumulate and lend or invest savings
b. Create and transfer money
c. Pass laws and set fiscal and monetary policies
d. Market and facilitate transfer of financial assets
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Related Book For 
Introduction to Finance Markets, Investments and Financial Management
ISBN: 978-1119398288
16th edition
Authors: Ronald W. Melicher, Edgar A. Norton
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