Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explain how funds flow from lenders to borrowers by using the diagram below for 20 marks? DIRECT FINANCE Financial markets FUNDS FUNDS Money market .

Explain how funds flow from lenders to borrowers by using the diagram below for 20 marks?

image text in transcribed

DIRECT FINANCE Financial markets FUNDS FUNDS Money market . Capital market Lenders / net savers Borrowers / net spenders FUNDS Households Firms . Government Non-residents Households Firms . Government Non-residents Financial intermediaries FUNDS FUNDS Credit institutions Other monetary financial institutions Other INDIRECT FINANCE

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Income Distribution Volume 2B

Authors: Anthony B. Atkinson, Francois Bourguignon

1st Edition

0444594299, 978-0444594297

More Books

Students also viewed these Finance questions

Question

What is Working Capital ? Explain its types.

Answered: 1 week ago

Question

Describe the appropriate use of supplementary parts of a letter.

Answered: 1 week ago