Answered

4. In the financial system, who are the borrowers?

A. Governments and businesses
B. Households, individuals, and businesses
C. Individuals and households
D. Governments, households, and individuals



Answer :

GinnyAnswer

Final answer:

Borrowers in the financial system encompass governments, households, individuals, and businesses.


Explanation:

Borrowers in the financial system include governments, households, individuals, and businesses. Households and businesses are major savers, while governments and businesses are prominent borrowers. The flow of funds between savers and borrowers ensures the smooth functioning of financial markets.


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