An effective financial system must have:
A) several sets of policy makers who pass laws and make decisions relating to fiscal and monetary policies
B) an efficient system for buying goods and services
C) gold reserves equal to the amount of money in circulation
D) free trade in financial instruments with foreign nations

Question

Quizplus · Accepted Answer

An effective financial system requires policy makers to establish and enforce fiscal and monetary policies, which are crucial for economic stability and growth.

An Effective Financial System Must Have