Depositors of money in a bank are O a) suppliers of funds. O b) borrowers of funds. O c) customers of the firm borrowing the money. d) neither borrowers nor suppliers nor intermediaries (because only deposits were made). e) intermediaries of funds.

Depositors of money in a bank are O a) suppliers of funds. O b) borrowers of funds. O c) customers of the firm borrowing the money. d) neither borrowers nor suppliers nor intermediaries (because only deposits were made). e) intermediaries of funds.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Monetary System

Section: Chapter Questions

Problem 3PA

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Question

Depositors of money in a bank are
O a) suppliers of funds.
O b) borrowers of funds.
c) customers of the firm borrowing the money.
d)
neither borrowers nor suppliers nor intermediaries (because only deposits
were made).
e) intermediaries of funds.

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