Most savers:
A) lend their money directly.
B) do not interact with the financial system.
C) deposit their money into bank accounts, retirement accounts, and life insurance companies.
D) All of these are true.

Question

Quizplus · Accepted Answer

Most savers deposit their money into bank accounts, retirement accounts, and life insurance companies as it provides them a secure and easy way to save their money without directly participating in the financial system. Direct lending requires more knowledge and effort, and not all savers may have the skills or resources to do so. Option B is incorrect as almost all savers interact with the financial system in some way, even if it is just through a bank account. Option D is also incorrect as not all savers lend their money directly, as explained above.

Most Savers