Which of the following statements is TRUE? a. Finance is the provision of money when it is needed. O b. Financial System is a contractual agreement in which the borrower receives something of value now and agrees to pay the lender at some date in the future with an interest. O c. Monetary policy channels household savings to the corporate sector and allocate investment funds among firms. O d. Securities are anything that is generally accepted in payment for goods and services or in the repayment of debt.