Which of the following functions does not require financial markets? a. Retention of cash by corporations
b. Provision of liquidity
c. Risk reduction by investment in diversified portfolios
d. Provision of pricing information

A. Retention of cash by Corporations.

Explanation:

The financial market, as the name depicts, is a marketplace that gives a platform for the sale and purchase of financial assets and commodities, such as stocks, bonds, derivatives, and foreign exchange. Liquidity, risk reduction, and pricing information are all functions of financial markets. But the option  Retention of cash by corporation does not require the financial markets.

b

explanation:

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.