An economy with a large flow of funds requires:
A) a lot of gold reserves.
B) a frictionless market.
C) an efficient financial system.
D) all of the above.

Question

Quizplus · Accepted Answer

An efficient financial system is essential for managing and directing the flow of funds within an economy. Gold reserves or a frictionless market may also be helpful, but they are not as crucial as a well-functioning financial system.

An Economy with a Large Flow of Funds Requires