Ask Question
BusinessBusiness
4 April, 00:53

Lekeisha's income exceeds her expenditures. Lekeisha is a

a. saver who demands money from the financial system.

b. saver who supplies money to the financial system.

c. borrower who demands money from the financial system.

d. borrower who demands money from the financial system.

+5
Answers (1)
  1. 4 April, 01:54
    0
    b. saver who supplies money to the financial system.

    Explanation:

    Lekeisha's income exceeds her expenditures, this means that after using money to satisfy all her immediate needs, she still has some money left. Lekeisha saves this money, for example, by depositing in a savings account. This funds then enter the financial system because the bank uses part of it (or all of it) to make loans.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Lekeisha's income exceeds her expenditures. Lekeisha is a a. saver who demands money from the financial system. b. saver who supplies money ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
MycroFiber is a producer of microfiber material for the auto detailing industry. Jamal, the owner of MycroFiber is highly skilled in the technical and manufacturing areas, but does not understand pricing.
Answers (1)
The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top managers. a. True b. False
Answers (1)
Seller, a Chicago business, sent a shipment of tractor parts to Buyer, a Detroit business, under a contract that read: "F. O. B. Chicago, Illinois." The parts were not those specified in the contract and Buyer rejected them.
Answers (1)
Cost behavior refers to the manner in which a. a cost is allocated to products b. a cost changes as the related activity changes c. a cost is estimated d. a cost is used in setting selling prices
Answers (2)
Jody manages the sales team for a sports equipment manufacturer. sales have been slipping downward at an alarming rate. she called a department meeting and set sales goals that the team will need to meet.
Answers (1)
New Questions in Business
Leonard, the manager of a manufacturing firm, wants the organization to perform better. He expects his employees to think more like owners, taking a broad view of what they need to do in order to make the organization more effective.
Answers (1)
Gilberto Company currently manufactures 70,000 units per year of one of its crucial parts. Variable costs are $1.80 per unit, fixed costs related to making this part are $70,000 per year, and allocated fixed costs are $35,000 per year.
Answers (1)
You plan to deposit $ 700 in a bank account now and $ 300 at the end of the year. If the account earns 4 % interest per year, what will be the balance in the account right after you make the second deposit?
Answers (1)
R. C. Barker makes purchasing decisions for his company. One product that he buys costs $50 per unit when the order quantity is less than 500. When the quantity ordered is 500 or more, the price per unit drops to $48.
Answers (1)
Positive steps used to reach your outcome goals are setting what kind of goal
Answers (1)
Home » Business » Lekeisha's income exceeds her expenditures. Lekeisha is a a. saver who demands money from the financial system. b. saver who supplies money to the financial system. c. borrower who demands money from the financial system. d.
Sign Up Forgot Password?