WAEC Economics 2024 Question 38

Question 38

Financial Institutions

Capital market operators deal in the

  1. A.supply of and demand for short term loans only.
  2. B.supply of and demand for long term loans for investment.
  3. C.sales and purchases of treasury bills.
  4. D.sales and purchases of capital equipment
Show the answer and explanation

Answer: B (supply of and demand for long term loans for investment.)

Explanation

The capital market deals in long-term funds.