one of the key functions of the capital market in the economy? A. Encouraging hoarding of financial resources B. Creating monopolistic control over financial assets C. Allocating financial resources to their most productive uses D. Restricting access to investment opportunities
Question
one of the key functions of the capital market in the economy? A. Encouraging hoarding of financial resources B. Creating monopolistic control over financial assets C. Allocating financial resources to their most productive uses D. Restricting access to investment opportunities
Solution
The correct answer is C. Allocating financial resources to their most productive uses. This is one of the key functions of the capital market in the economy. It helps to channel savings and investment funds to businesses, individuals, and governments that can put these funds to productive use, thereby contributing to the overall growth and development of the economy.
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