Answered

determine if the given people are demanders, suppliers, or not involved in the market for loanable funds. a. latisha wants to save up for a new laptop to use in her business, so she puts aside $100 a month in a bank account until she can save up for it.

Answer :

Any money that commoners deposit in the bank, leads to a supply of loans because banks lend this money out.

Hence Latisha is a supplier in the market for loanable funds.

You have to deposit your money in the bank to create savings and earn interest on it. Demand deposits are made against funds that can be withdrawn at any time. A fixed deposit is a long-term investment. The security deposit is also the amount of security deposit that you pay when you make a loan.

Banks use money in savings accounts to lend to other people and businesses. In return, the bank receives interest payments on these loans from the borrowers. The simplest way is for banks to borrow money from savers and lend the money to borrowers. That's not how the process works at all. Banks don't have to wait for their customers to deposit money.

Learn more about Loanable funds here:- https://brainly.com/question/13636725

#SPJ4

Other Questions