An important function of the financial system is:
A)to direct money to the best investment opportunities in the economy.
B)to allow the federal government to view all financial transactions.
C)to help state governments to coordinate state tax levies.
D)all of the above.

Question

Quizplus · Accepted Answer

The primary function of the financial system is to allocate resources efficiently by directing money to the best investment opportunities, thereby facilitating economic growth and development.

An Important Function of the Financial System Is