Financial markets improve economic welfare because

Financial markets improve economic welfare because

 Options:

A. they allow funds to move from those without productive investment opportunities to those who have such opportunities.
B. they allow consumers to time their purchases better.
C. they weed out inefficient firms.
D. they do (A) and (B) of the above.

The Correct Answer Is:

  • D. they do (A) and (B) of the above.

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