It is the role of ________ to transfer funds from savers to borrowers.

Question

Quizplus · Accepted Answer

An economy's financial system, which includes banks and other institutions, facilitates the transfer of funds from savers (individuals and corporations who have excess funds) to borrowers (individuals and corporations who need funds). The Federal Reserve and the federal government may have some influence on this process, but they are not directly responsible for transferring funds. Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled.

It Is the Role of ________ to Transfer Funds from Savers