Finance Problem

1. The wealth of an economy is generated by real assets. The availability of tradable financial

assets has no effect on the wealth of an economy. Do you agree? Why or why not?

Don't use plagiarized sources. Get Your Custom Essay on
Need an answer from similar question? You have just landed to the most confidential, trustful essay writing service to order the paper from.
Just from $11/Page
Order Now


2. A mutual fund company such as Vanguard is a financial intermediary.

a. Give two examples of financial assets created by Vanguard.

b. Why does an institution such as Vanguard create the financial assets in your above example

and not people like you and me?