2 Polnts
How can banks afford to pay interest on their customers' savings account
deposits?
A. They charge high fees to their checking account customers and
transfer that money to their savings account customers.
O
B. They loan out the money in their customers' accounts and charge
a higher interest rate on the loans.
C. They take overnight loans from the Federal Reserve Bank and
speculate on the currency exchange market.
O
D. They invest their customers' deposits in government-insured
bonds and low-risk stocks.

B) They loan out the money in their customers' accounts and charge a higher interest rate on the loans.

Explanation:

The reason you recieve money for putting money in a checking or savings account is because the bank needs money to loan to other customers. Because the customer recieving the loan pays the bank interest in return, the bank can afford to share some of the money gained in interest with customers to encourage them to keep money in the bank.

it allows businesses to raise prices on basic goods. it allows consumers to spend more money on products. it increases government revenue to fund public projects. it provides more money for government assistance programs.

explanation:

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.