Three Essential Needs of a Well-Operating Financial System Include All

question 117

Multiple Choice

Three essential needs of a well-operating financial system include all of the following EXCEPT:

• A)an efficient national payments system
• B)an elastic or flexible money supply
• C)a bank insurance system
• D)a lending/borrowing mechanism

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Definitions:

African American

An ethnic group in the United States consisting of individuals with total or partial ancestry from any of the Black racial groups of Africa.

Type 2 Diabetes

A chronic condition that affects the way the body processes blood sugar (glucose).

Vitamin D Deficiency

A condition resulting from inadequate levels of vitamin D in the body, which is essential for healthy bones, immune function, and reducing the risk of chronic diseases.

Nutritional Deficiency

The lack of essential nutrients in the diet, leading to health problems and diseases.