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1 What is a market? Differentiate between the following types of markets: physical asset markets versus financial asset markets, spot markets versus futures markets, money markets versus capital markets, primary markets versus secondary markets, and public markets versus private markets.2 Why are financial markets essential for a healthy economy and economic growth?3 What is a depository institution and what types of depository institutions are found in the United States? How do they act as intermediaries between savers and borrowers? Why do they play this role?4 Some economists argue that deregulated deposit rates combined with deposit insurance led to the insolvency of many depository institutions. On what basis do they make such an argument?(Each one 100 words)
3-1 BALANCE SHEET The assets of Dallas
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