A country's financial system provides three services to savers and borrowers. One of these services is...

A country's financial system provides three services to savers and borrowers. One of these services is

a. the ability of savers to maximize risk.

b. the ability of the financial system to buy and sell stocks.

c. the ability of savers and borrowers to maintain a sound investment.

d. the ability of the financial system to transfer information.

Expert Solution

Option D

Explanation: The three key functions of the financial system are 1. risk sharing, 2. providing liquidity, 3. collecting and transferring information.

Rahul Sunny answered 2 years ago

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A country's financial system provides three services to savers and borrowers. One of these services is...

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