The cycle of money is: (Select the best response.) A. the movement of money from your checking account to the Internal Revenue Service and back to you in the form of a Social Security check. B. the movement of money from a borrower to a lender and back to the borrower. C. the movement of funds from your savings account to your checking account and back to your savings account. D. the movement of funds from a lender to a borrower and back to the lender.

Question

Jenny Roberson

Business

10 October, 14:03

The cycle of money is: (Select the best response.) A. the movement of money from your checking account to the Internal Revenue Service and back to you in the form of a Social Security check. B. the movement of money from a borrower to a lender and back to the borrower. C. the movement of funds from your savings account to your checking account and back to your savings account. D. the movement of funds from a lender to a borrower and back to the lender.

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Frank Sexton · Answer 1

Answer: D. The movement of funds from the lender to the borrower and back to the lender

Explanation: Money is regarded as a means of measuring economic value; our present society is centre's around money and how it changes hands from one individual to another while creating value. This results in the money cycle, where money for goods/services, it generates more wealth and thus fuels overall economic growth as it moves from lender (an individual or institution) through a direct investment to the borrower and back to the lender.