Lecture Principles of money, banking, and financial markets (12th edition): Chapter 11 - Ritter, Silber, Udell
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Chapter 11 - The nature of financial intermediation. In this chapter you will learn to explain the benefits of financial intermediation and how it partially solves the adverse selection and moral hazard problems, understand the sale and history of commercial banking in the United States, describe the nondeposit financial intermediaries.
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Lecture Principles of money, banking, and financial markets (12th edition): Chapter 11 - Ritter, Silber, Udell
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Lecture Principles of money, banking, and financial markets (12th edition): Chapter 11 - Ritter, Silber, Udell
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