The market where borrowers obtain funds from savers is referred to as the ________.

Question

Quizplus · Accepted Answer

The credit market is where borrowers obtain funds from savers through various financial instruments such as loans, bonds, and credit cards. The other options are not necessarily related to borrowing and lending activities. The spot market is where securities are traded for immediate delivery, the capital market is the market for long-term securities such as stocks and bonds, and the exchange market is where currencies are traded.

The Market Where Borrowers Obtain Funds from Savers Is Referred