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Economics · Oct / Nov 2018 · Paper 13 · Question 8

2281Money and banking

What is a function of a country's stock exchange?

  1. Ato act as lender of last resort to commercial banks
  2. Bto provide a market for the purchase and sale of shares
  3. Cto provide short-term loans for investment
  4. Dto set interest rates within the country

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Correct answer: B. to provide a market for the purchase and sale of shares

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