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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.

asked
User Vilan
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1 Answer

2 votes

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.

answered
User Xueli
by
8.4k points
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