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Some people spend more than their current incomes, while others spend less. To finance their spending, the former will have to draw down their savings
Some people spend more than their current incomes, while others spend less. To finance their spending, the former will have to draw down their savings or borrow the additional funds. The latter have the opportunity to save and thereby increase their spending capability in the future. Read the following paragraph. Then, click on the blank lines and choose the answer that best completes each sentence is a system of individuals and institutions, instruments and procedures that bring together borrowers and savers and facilitate the flow of capital between them. The existence of these entities them. They allow individuals, businesses, and governmental units to transfer income between time periods and from those with funds to those with the standard of living in the economies that employ of
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