Financial markets and financial intermediaries together comprise the
A) business cycle.
B) economic system.
C) macroeconomic model.
D) financial system.

Question

Quizplus · Accepted Answer

Financial markets and financial intermediaries work together to form the financial system, which is a network of institutions and markets that facilitate the flow of funds between individuals, businesses, and governments. The financial system plays a crucial role in allocating resources, mobilizing savings, and promoting economic growth. Therefore, D is the correct answer.

Financial Markets and Financial Intermediaries Together Comprise the