In the Canadian financial system, which of the following is a net saver?
A) the government
B) business
C) households
D) financial institutions

Question

Quizplus · Accepted Answer

Household sector is a net saver as they typically save a portion of their income through various financial instruments such as savings accounts, mutual funds, and retirement accounts. The government and businesses are typically net borrowers, and financial institutions act as intermediaries between savers and borrowers.

In the Canadian Financial System, Which of the Following Is