According to your text, the nation's standard of living is increased through the mechanism of the financial system by:
A) Increasing interest rates
B) Reducing the volume of spending for goods and services
C) Lowering inflation
D) Stabilizing the economy's rate of growth
E) Making funds available

Question

Quizplus · Accepted Answer

The financial system increases the standard of living by making funds available for investment and consumption, which supports economic growth and development.

According to Your Text, the Nation's Standard of Living Is