Inancial Markets and Institutions homework

Question1
Your answer should be in the limit of 3 paragraphs that demonstrate the understanding for chapter 1. (Check the attached file please so you can answer the question)
1. How financial markets improve economic efficiency, in brief?

Question 2
The answers should be 2 pages demonstrating comprehensively the raised question.

1.Compare and contrasts the assets and liabilities of various financial intermediaries discussed in the chapter1. (Check the attached file please so you can answer the question)