It is the job of ________ to channel funds from ________.

Question

Quizplus · Accepted Answer

Financial intermediaries, such as banks, are responsible for channeling funds from lenders (those who have excess funds to invest) to borrowers (those who are in need of funds). This is achieved through activities such as taking deposits from customers and then lending out those funds to other customers in need of loans. The Federal Reserve, on the other hand, is responsible for regulating monetary policy and ensuring the stability of the financial system, but does not directly channel funds from borrowers to lenders.

It Is the Job of ________ to Channel Funds from ________

It Is the Job of to Channel Funds from