At the broadest level, the financial system moves the economy's scarce resources from
A)the rich to the poor.
B)financial institutions to business firms and government.
C)households to financial institutions.
D)savers to borrowers.

Question

Quizplus · Accepted Answer

The financial system facilitates the transfer of funds from savers, who have excess funds, to borrowers, who need funds for various purposes.

At the Broadest Level, the Financial System Moves the Economy's