Question
If you deposit money in the bank, in essence, you are Group of answer choices a supplier of funds, since the bank simply is an
If you deposit money in the bank, in essence, you are
Group of answer choices
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).
a borrower, since all bank funds are borrowed from the federal government.
a supplier of funds, since the bank loans money to the government for daily operations.
neither a borrower nor supplier of funds in this case, since you have neither lent nor borrowed money.
not a supplier of funds, since mutual funds are the source of lending to firms
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