When an individual deposits her paycheck in her account at First National Bank, she is essentially:   Multiple Choice   lending money to borrowers in the loanable funds market.   buying goods in the goods and services market.   borrowing money in the loanable funds market.   saving money in the goods and services market.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section4.2: Sources Of Loans And Credit
Problem 3R
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Question 6

 

When an individual deposits her paycheck in her account at First National Bank, she is essentially:

 

Multiple Choice
  1.  
    lending money to borrowers in the loanable funds market.
  2.  
    buying goods in the goods and services market.
  3.  
    borrowing money in the loanable funds market.
  4.  
    saving money in the goods and services market.
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