The primary role of a financial system is to A) make savvy investors
The primary role of a financial system is to
A) make savvy investors rich.
B) regulate the banking system.
C) enable financial managers to evaluate investment projects with a system that always selects the correct opportunity for their firm.
D) channel funds from savers to borrowers who need funds for investment projects.
E) provide employees in financial institutions with a code of ethics.
ANSWER
D
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