Which of the Following Pieces of Advice Is an Advocate

Multiple Choice

Which of the following pieces of advice is an advocate of the bank lending channel most likely to give to officials in an emerging market economy?

A) Focus on the development of financial markets because they will be the chief sources of funds to business.
B) Make sure that financial institutions are developed along with financial markets.
C) Keep interest rates low to enable young, growing enterprises to borrow in financial markets.
D) Use credit controls to deal with excessive bank lending.