A _____ is a system in which people, companies, and governments with an excess of funds transfer those funds to people, companies, and governments that have a shortage of funds.
A)forward contract
B)currency swap
C)currency conversion
D)forward market
E)capital market

Question

Quizplus · Accepted Answer

A capital market is a financial system where people, companies, and governments can trade stocks, bonds, and other securities. It's designed for the long-term transfer of funds from those with a surplus (investors) to those in need of funds (borrowers).

A _____ Is a System in Which People, Companies, and Governments