Which of the Following Is Not One of the Key

question 65

Multiple Choice

Which of the following is not one of the key services provided by the financial system?

• A) Decreasing taxes
• B) Risk sharing
• C) Liquidity
• D) Information

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Definitions:

Legislative Statutes

Laws that have been formally enacted by a legislative body, such as a parliament or congress.

Administrative Regulations

Rules and procedures established by governmental agencies to enforce laws and implement policy.

Electoral College

A body of electors established by the United States Constitution, formed every four years for the sole purpose of electing the president and vice president.

Political Compromise

The process of making concessions and reaching agreements in the political arena to resolve conflicts or achieve legislative outcomes.