Every financial market performs the following function:
A. It determines the level of interest rates.
B. It allows common stock to be traded.
C. It allows loans to be made.
D. It channels funds from lenders-savers to borrowers-spenders.
Answer:D
Every financial market performs the following function:
A. It determines the level of interest rates. B. It allows common stock to be traded. C. It allows loans to be made. D. It channels funds from lenders-savers to borrowers-spenders.