What does this mean

Large purchases may be financed by borrowings or savings. $*$

True

False

Usually, banks.

the small sums of a large number of

individuals to be made available to borrowers. IDENTIFICATION $-$ PLEASE

ANSWER IN ALL CAPITAL LETTERS

Your answer

It concerns the division of income between saving and spending $-$

IDENTIFICATION $-$ PLEASE ANSWER IN ALL CAPITAL LETTERS

Your answer

People who expect to live for a long life would more likely to buy

annuities than those with short life expectancy.

True

False