Question on: WAEC Economics - 2018
the stock exchange is an example of the?
A
labour market
B
money market
C
commodity market
D
capital market
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Correct Option: D
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments.
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