Economics · Development Economics
Financial dualism in developing nations refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1the existence of different regulatory framework for public and private banks
- 2the presence of both stock markets and bond markets in the economy
- 3the existence of different interest rates in organized and unorganized money and capital markets✓
- 4the simultaneous presence of short-run and long-run financial markets
Correct answer
the existence of different interest rates in organized and unorganized money and capital markets
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