Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

which of the following is not a reason why most people prefer putting their mone

ID: 1198519 • Letter: W

Question

which of the following is not a reason why most people prefer putting their money in a bank to lending it directly to individuals CH https://www.mathxl.com/Student/PlayerTest.aspx?qu mathxl.com/Student/PlayerTest.aspx?quizme-1&chapterld-2;&sectionid-18back-StudyPl; MyEconLab uiz Me: Quiz Me: 1.1 Key Components of the Financial System uestion 5 of 6 1 pt This Test: 6 pts Typically, you will receive a very low interest rate on money you deposit in a bank Interest rates on car loans and Which of the following is not a reason why most people prefer putting their money in a bank to lending it directly to individuals or OA Deposits in a bank offer individuals more liquidity than making a direct loan. OB. Direct lending would allow a saver the opportunity to participate in spreading out the risk of lending Oc There is less risk of default or losing money if an individual were to make a deposit in a bank Ob. A saver would have dificulties or require substantial costs to acquire the necessary information to make a solid direct lean to otier indvi

Explanation / Answer

A. Deposits in a bank offer more liquidity than making adirect loan