Capital markets will channel funds efficiently into productive projects and bring counterproductive projects to a halt, because
A) business firms will direct resources into projects favored by a majority of the citizenry.
B) government will intervene and bring counterproductive projects to a halt.
C) private investors will insist on an accounting of their investments and monitor projects using their funds.
D) central planners will direct funds only to those projects that are productive.
Correct Answer:
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