The main purpose of the U.S. financial system is to facilitate the transfer of funds from _____.

Question

Quizplus · Accepted Answer

The U.S. financial system facilitates the transfer of funds from surplus spending units (such as savers, investors, and lenders) to deficit spending units (such as borrowers and spenders) through financial intermediaries such as banks, credit unions, and investment funds. This process is essential for allocating capital efficiently throughout the economy and promoting economic growth. Choices A, C, and D do not accurately reflect the main purpose of the U.S. financial system.

The Main Purpose of the U