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27 April, 02:40

Given that Monika's income exceeds her expenditures, Monika is best described as a

a. saver or as a supplier of funds.

b. saver or as a demander of funds.

c. borrower or as a supplier of funds.

d. borrower or as a demander of funds.

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Answers (1)
  1. J
    27 April, 04:20
    0
    Answer: A - saver or as a supplier of funds

    Explanation: From the above question, Monika is a saver because her income exceeds her expenses.

    In this case she saves more on a regular basis because she controls her expenses and would not allow her expenses to be more than her income.

    Going further, she is also a supplier of funds as her excess funds kept in the bank is a source of funds for the bank to loan out to generate interest.
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Home » Business » Given that Monika's income exceeds her expenditures, Monika is best described as a a. saver or as a supplier of funds. b. saver or as a demander of funds. c. borrower or as a supplier of funds. d. borrower or as a demander of funds.
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