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Which of the following are major functions performed by the Australian financial system? (Select all the major functions that apply) Group of answer choices Flow

Which of the following are major functions performed by the Australian financial system? (Select all the major functions that apply)

Group of answer choices

Flow of funds

Stability

Settlement

Risk transfer

Promoting efficiency

During the GFC, which institutions took advantage of information asymmetry in the sale of sub-prime loans to investors in mortgage-backed securities?

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