Financial markets make borrowing large amounts of money easier because they simplify negotiation between borrowers and lenders. This is an example of:

Question

Quizplus · Accepted Answer

Financial markets reduce transaction costs by providing a platform for borrowers and lenders to negotiate and trade financial instruments (such as bonds, stocks, and derivatives) without the need for direct negotiations between individuals or institutions. This makes the borrowing process easier and more efficient for both parties.

Financial Markets Make Borrowing Large Amounts of Money Easier Because