List the financial transactions you have engaged in over the past week. How might each one have been carried out $50$ years ago?

Many people believe that, despite ongoing financial innovations, cash will always be with us to some degree as a form of money. What Core Principle could justify this view?

When you apply for a loan, you must answer many questions. Why? Why is the set of questions you must answer standardized?

The government is heavily involved in the financial system. Explain why.

$*$ Why are large, publicly listed companies much more likely than small businesses to sell financial instruments such as bonds directly to the market, while small businesses get their financing from financial institutions such as banks?