Which of the following best describes how banks create money? A. Banks create checking account deposits when making loans from excess reserves. B. Banks charge fees for providing financial advice. C. Banks make loans from reserves. D. Banks charge higher interest rates on loans than they pay on deposits.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following best describes how banks create money? A. Banks create checking account deposits when making loans from excess ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Which of the following best describes how banks create money? A. Banks create checking account deposits when making loans from excess reserves. B. Banks charge fees for providing financial advice. C. Banks make loans from reserves. D.