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According to the structural approach , the financial system of an economy consists of three main components: a. Depository, investment and insurance (assurance) companies b.

According to the structural approach, the financial system of an economy consists of three main components:

a.

Depository, investment and insurance (assurance) companies
b.

Central Banks, regulatory agencies and financial intermediaries
c.

Households (surplus), Firms (deficit) and financial intermediaries
d.

Financial markets, financial institutions, and financial regulators

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