In the market for loanable funds, saving is like:
A) selling the right to use your money for a time.
B) buying the right to use someone else's money.
C) selling the right to use someone else's money.
D) buying the right to use your money for a time.

Question

Quizplus · Accepted Answer

Saving is akin to selling the right to use your money for a period, as it involves providing funds to others (such as banks or borrowers) in exchange for future repayment with interest.

In the Market for Loanable Funds, Saving Is Like