The financial service supplied by the money and capital markets in which financial instruments are created to attract savings for future financial needs is called:
A) Agency services
B) Credit services
C) Payments services
D) Thrift services
E) None of the above

Question

Quizplus · Accepted Answer

Thrift services involve the creation of financial instruments to attract savings, which are then used to meet future financial needs.

The Financial Service Supplied by the Money and Capital Markets