The financial system and financial markets are responsible for providing which of the following services?
A) Credit services
B) Payment services
C) Liquidity
D) Facilitating the flow of savings
E) All of the above

Question

Quizplus · Accepted Answer

The financial system and financial markets offer a wide range of services including credit services (lending and borrowing), payment services (transactions and transfers), liquidity (converting assets into cash), and facilitating the flow of savings from savers to borrowers, making E the correct choice.

The Financial System and Financial Markets Are Responsible for Providing