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Mrac [35]
3 years ago
11

Describe the saving-borrowing-investing cycle

Social Studies
1 answer:
enot [183]3 years ago
6 0
<span>The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital. They then use this capital to invest in their future, which then allows them to bring in more money. They then are able to use income to pay off their loans and to save.</span>
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