WAEC - Economics (2018 - No. 33)
the stock exchange is an example of the?
labour market
money market
commodity market
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.