Answer to Question #264533 in Macroeconomics for Nonky

Question #264533

Instructions that help match one person's saving with another person's investment are collectively called?


1
Expert's answer
2021-11-11T18:14:45-0500

The financial system is a collection of economic organizations that assist in matching one person's savings with another's investment. It transfers scarce resources from savers to borrowers in the economy.


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