2. The transfer of capital between savers and lenders It is generally recognized that the spending habits of individuals change over their lives. In general, young adults tend to spend while older adults tend to spend \$To accommodate their spending habits, young adults tend to rely on funds raised from fietired adults, in contrast, tend to rely on than they earn, current incomes. to cover the frequent shortage between their current expenditures and their Identify which fund transfer process each scenario best represents. True or faise: The existence of financial middlemen and financial intermediaries decreases the efficiency of the financial markets. True Faise 2. The transfer of capital between savers and lenders It is generally recognized that the spending habits of individuals change over their lives. In general, young adults tend to spend while older adults tend to spend \$To accommodate their spending habits, young adults tend to rely on funds raised from fietired adults, in contrast, tend to rely on than they earn, current incomes. to cover the frequent shortage between their current expenditures and their Identify which fund transfer process each scenario best represents. True or faise: The existence of financial middlemen and financial intermediaries decreases the efficiency of the financial markets. True Faise