Institutions serving as links between surplus and deficit un…

JAMB Economics 2023 47 views

Institutions serving as links between surplus and deficit units can be identified as

  1. financial intermediates ✓
  2. tax officers
  3. acceptance houses
  4. pension offices

Explanation

This answer correctly explains the economic concept. Economics studies how people make choices about limited resources.

The other options describe different economic ideas or situations. They don’t fit what this question asks.

Remember this economic principle when thinking about money, trade, and how markets work.

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