Economics WAEC

The stock exchange is an example of the?

A. labour market
B. money market
C. commodity market
D. capital market

Correct Answer: Option D

D. capital market

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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