Which of the following is NOT a direct result of poorly developed or corrupt financial intermediaries within a country?
A) smaller markets for loans
B) higher budget deficits
C) less effective use of savings
D) less investment

Question

Quizplus · Accepted Answer

While poorly developed or corrupt financial intermediaries can lead to smaller markets for loans, less effective use of savings, and less investment, they do not directly cause higher budget deficits. Budget deficits are typically a result of government spending exceeding revenue, rather than issues with financial intermediaries.

Which of the Following Is NOT a Direct Result of Poorly