Financial markets improve economic welfare because
A) they channel funds from investors to savers.
B) they allow consumers to time their purchase better.
C) they weed out inefficient firms.
D) eliminate the need for indirect finance.

Question

Quizplus · Accepted Answer

Financial markets improve economic welfare by allowing consumers to time their purchases better, enabling them to borrow and save according to their needs and preferences.

Financial Markets Improve Economic Welfare Because