Economics · Financial System
The coexistence and interaction between the formal (organized) and informal (unorganized) financial sectors in an economy is commonly referred to as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Financial deepening
- 2Well-regulated financial system
- 3Financial dualism✓
- 4Flexibility of operations
Correct answer
Financial dualism
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