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Quiz - Check your understanding

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MODULE I – FINANCIAL ASSETS

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MODULE I – FINANCIAL ASSETS                                                                                                  For an economy to operate effectively, consumers and businesses need a common medium of exchange and mechanisms to encourage some people to save, others to borrow and others to invest. In any modern economy, these needs are met with financial assets such as money, stocks and bonds. 1.1 Assets Assets are commonly known as anything with a value that represent economic resources or owne...