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Business, 20.09.2019 02:30 any80

The textbook notes that financial assets do not contribute directly to gdp, whereas real assets (such as land, factories, and technology) constitute the true productive capacity of an economy. however, it is hard to imagine a modern economy that does not have well-developed financial markets with many kinds of securities. suppose there were no markets in which one could trade financial assets. how might the productive capacity of the u. s. economy be affected?

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The textbook notes that financial assets do not contribute directly to gdp, whereas real assets (suc...
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