Identify which item is not one of the six parts of the financial system.
A) Financial markets
B) Central banks
C) Credit cards
D) Financial institutions

Question

Quizplus · Accepted Answer

The six parts of the financial system are financial markets, central banks, financial institutions, regulatory agencies, investors, and borrowers. Credit cards are a product offered by financial institutions, but they do not constitute a separate component of the financial system.

Identify Which Item Is Not One of the Six Parts