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WGUC708 Finance Unit 2 Exam Study Guide Notes.
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52
April 2025
2024/2025
A
Financial Markets:
● Central Banks: the banks are the financial institutions for the oversight and management of all other banks. In the US the central Bank is the Federal Reserve Bank.
● There are 9 Major financial institutions that provide a variety of services from mortgage loans to investment vehicles
● Credit institutions are not for profit companies (&tax exempt) that are owned and operated by their members
● Internet Banks tend to charge their customers fewer fees than tradi...
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