2. Which of the following statements BEST
describes the operation of banks?
A. Banks take in...
Social Studies, 09.12.2020 20:30 rahulshahi7569
2. Which of the following statements BEST
describes the operation of banks?
A. Banks take in deposits, for which they pay a
relatively small rate of interest; they then hold a
small amount aside and loan out the rest at a
higher rate of interest.
B. Banks borrow money from the government at
low interest rates, and they loan that money to
customers at higher interest rates.
C. Banks, under license from the government, print
money that they then loan out to businesses and
households.
D. Banks take in deposits, which they use to pay
their employees and other costs.
Answers: 1
Social Studies, 21.06.2019 20:00
What would happen if airlines and baseball stadiums priced all seats the same instead of using variable pricing
Answers: 1
Social Studies, 23.06.2019 03:30
Give me 5 solid reasons why death penalty should be remove?for debate!
Answers: 1
Social Studies, 23.06.2019 09:00
How are the three economic questions answered in a traditional economic system
Answers: 1
Social Studies, 23.06.2019 16:30
Which of these coordinates is closest to mt. kilimanjaro? 2° s latitude; 30° e longitude 4° s latitude; 20° e longitude 34° s latitude; 20° e longitude 12° n latitude; 2° w longitude
Answers: 2
Mathematics, 12.03.2022 18:50
Mathematics, 12.03.2022 18:50
Computers and Technology, 12.03.2022 18:50
Mathematics, 12.03.2022 18:50
Social Studies, 12.03.2022 19:00
Arts, 12.03.2022 19:00
Mathematics, 12.03.2022 19:00
Health, 12.03.2022 19:00