Business
Business, 07.03.2020 00:16, nerdywolf2003

If you deposit money in the bank, in essence, you are:.
a. a supplier of funds, since the bank simply is an intermediary between those who want to borrow loanable funds and those who are willing to lend them (depositors).
b. a borrower, since all bank funds are borrowed from the federal government.
c. a supplier of funds, since the bank loans money to the government for daily operations.
d. neither a borrower nor supplier of funds in this case, since you have neither lent nor borrowed money.
e. not a supplier of funds, since mutual funds are the source of lending to firms

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Answers: 3

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If you deposit money in the bank, in essence, you are:.
a. a supplier of funds, since the bank...

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