Solved

Which of the Following Is Not Correct

Question 18

Multiple Choice

Which of the following is not correct?


A) By saving a larger portion of its GDP, a country can raise its output per worker.
B) Savers supply their money to the financial system with the expectation that they will get it back with interest at a later date.
C) Financial intermediaries are the only type of financial institution.
D) The financial system helps match people's saving with other people's borrowing.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions