Banks and other financial institutions _____
A) channel savings directly to producers.
B) are intermediaries between savers and borrowers.
C) move money from borrowers to savers.
D) move money from those who need money to those that have money.
E) serve no purpose in the economy.
Correct Answer:
Verified
Q5: Sally loves to see a movie as
Q6: Identify the correct statement.
A)Savings reduces the current
Q7: Production cannot occur without _
A)saving.
B)government intervention.
C)a market
Q8: The benefit of the production of capital
Q9: If Arnold has a positive rate of
Q11: The rate of time preference is positive
Q12: Which of the following does not reflect
Q13: Most companies that sell CDs by mail
Q14: What increases with saving?
A)production
B)consumption
C)interest rates
D)time
E)uncertainty
Q15: Explanations for a positive rate of time
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