Asked by Hassaan Haider on Apr 27, 2024
Verified
The vast majority of funds flow through direct transfers.
Direct Transfers
The movement of funds or assets from one party directly to another without intermediaries.
- Describe the flow of funds in the financial system and the roles of households and businesses as savers or borrowers.
Verified Answer
ND
Nicole, Deaf_Life_Apr 30, 2024
Final Answer :
False
Explanation :
The vast majority of funds flow through financial markets, where funds are allocated among various types of securities such as stocks and bonds, rather than through direct transfers.
Learning Objectives
- Describe the flow of funds in the financial system and the roles of households and businesses as savers or borrowers.
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