Question
topic: Financial markets: efficient and other. question: a)(2 points) How are financial firms able to make profits?Under what circumstances are their profits limited? b)(2 points)
topic: Financial markets: efficient and other.
question:
a)(2 points) How are financial firms able to make profits?Under what circumstances are their profits limited?
b)(2 points) What has happened to the profitability of financial firms in the US economy in recent decades? Why have they been able to increase their profits? Is this a good thing for the US economy as a whole?
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
