2 years ago

In two to four sentences, describe how money is channeled from savers to borrowers and then to investors.

Biology

1 answer:

Burka [1]2 years ago

6 0

Answer:

Money is channeled through financial institutions such as banks.

Explanation:

The borrower may chose to use the funds to invest in a business venture and thus be becomes an investor. Money is channeled through financial institutions such as banks. A saver saving with a bank account seeks to keep the money in the bank as it earns him interest.

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