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Which of the following are functions of a financial system? 1. The operation of a payment system 2. Providing the means of portfolio adjustment 3.
Which of the following are functions of a financial system?
1. The operation of a payment system
2. Providing the means of portfolio adjustment
3. Helping to reduce unemployment
4. Channelizing funds between lenders and borrowers
5. Helping speculators to bet on price movements
Functions of a financial system include:
A. 1, 2, and 4
B. 2, 3, and 5
C. 2 - 5
D. 1 and 5
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