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Evaluate the following statement:"Saving money is not lending. How can it be? When I save my money, I put it in a bank. I don't loan it out to someone else."The statement isA.correct. Depositing money in a bank is borrowing, not saving.B.incorrect. The supply of loanable funds is determined by household saving.C.incorrect. The supply of loanable funds is determined by firms' willingness to borrow.D.correct. Depositing money in a bank is neither saving nor borrowing.
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