The financial system is made up of:
A)the institutions that bring together savers,borrowers,investors,and insurers in a set of interconnected markets where people trade financial products.
B)the government's offices that keep watch over all transactions conducted between savers and lenders.
C)the government's offices that regulate over all transactions conducted between borrowers and savers.
D)None of these is true.

Question

Quizplus · Accepted Answer

The financial system is a network of interconnected markets, institutions, and individuals that bring together savers, borrowers, investors, and insurers for the purpose of trading financial products such as stocks, bonds, and derivatives. While governments may have regulatory offices that oversee transactions within the financial system, they are not the primary actors within it.

The Financial System Is Made Up Of