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Financial markets allow for all but which of the following? a. A shift of consumption from times of higher-income to periods of lower income b.

Financial markets allow for all but which of the following?

a. A shift of consumption from times of higher-income to periods of lower income

b. ensure that investors always earn at least inflation

c. allow most participants to earn returns in proportion with risk taken

d. channel funds from lenders to borrowers

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