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20 August, 04:38

The U. S. financial system is composed of (1) policy makers, (2) a monetary system, (3) financial institutions, and (4) financial markets. Which of the following components is associated with the role of the financial markets?

a) Accumulate and lend/invest savings

b) Create and transfer money

c) Pass laws and set fiscal and monetary policies

d) Market and facilitate transfer of financial assets

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  1. 20 August, 04:51
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    The correct answer is d) Market and facilitate transfer of financial assets

    Explanation:

    The financial market refers primarily to a market in which buyers and sellers are actively involved in trading, acting in the purchase and sale of assets. It is a platform that makes it easier for the parties to buy and sell financial instruments and securities. These instruments and securities can be stocks, bonds, commercial papers, bills of exchange, bonds, cheques and other types of items. Using transparent pricing, strict regulations, costs and fees, and clear guidelines.

    Have a nice day!
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