, nations such as Saudi Arabia have a repository where they keep excess money for future investment. Internationally, this is known as a(n) .
A) Armed holding tank
B) Access depository
C) Sovereign wealth fund
D) Bank bridge allowance

Question

Quizplus · Accepted Answer

A sovereign wealth fund is a state-owned investment fund that is used to invest excess foreign currency reserves or national savings for the benefit of a country's economy and citizens. Saudi Arabia's sovereign wealth fund is called the Public Investment Fund. The other answer choices are not relevant or accurate.

, Nations Such as Saudi Arabia Have a Repository Where