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Why is the effectiveness and stability of a country's financial system essential to economic growth? a) The government cannot function without issuing stocks. b) Households cannot save if they do not borrow
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Why is the effectiveness and stability of a country's financial system essential to economic growth?

a) The government cannot function without issuing stocks.
b) Households cannot save if they do not borrow money.
c) It allows firms to finance technological advancements, which lead to economic growth.
d) Firms need it to loan money to employees.

User Belzebub
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Answer: It allows firms to finance technological advancements, which lead to economic growth

Step-by-step explanation:

User Jayj
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