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the stock exchange is an example of the?

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Economics WAEC 2018

the stock exchange is an example of the?

  • labour market
  • money market
  • commodity market
  • capital market checkmark

The correct answer is: D

Explanation

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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