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Discuss the following statements according to (a) microprudential (b) macroprudential approaches. 1- Individual financial institutions will generally have unimportant effects on market prices or the
Discuss the following statements according to (a) microprudential (b) macroprudential approaches.
1- Individual financial institutions will generally have unimportant effects on market prices or the economy as a whole and 2- serving their financial interests always safeguards stability of the financial system.
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