Ask Question
BusinessBusiness
17 February, 03:24

The main role of banks in the nation's economy is to

store, lend, and invest money.

store, lend, and borrow money.

store, lend, and distribute money.

store, lend, and approve money.

+4
Answers (1)
  1. 17 February, 03:52
    0
    With both is stored and provided, is the main function of every bank, for its purpose is savings and loans, but the difference is that the first option is reversed and the second is distributed, in this case the most successful is the C, Because the end of every bank is to distribute the money that has entered.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The main role of banks in the nation's economy is to store, lend, and invest money. store, lend, and borrow money. store, lend, and ...” 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.
Search for Other Answers
You Might be Interested in
Which of the following shifts both the short-run and long-run aggregate supply right? a. an increase in the actual price level b. an increase in the expected price level c. an increase in the capital stock d. None of the above is correct.
Answers (1)
If Bojana Tax Services' office supplies account balance on March 1 was $1,100, the company purchased $1,000 of supplies during the month, and a physical count of supplies on hand at the end of March indicated $1,200 unused, what is the amount of the
Answers (1)
1. The Whitehall study found the following link between stress, our position on the social hierarchy, and how we put on weight: a. Most people tend to lose weight when they are stressed. b.
Answers (1)
Why aren't cats green
Answers (2)
Trudy has moved from Texas to Alabama. The state of Alabama does not allow nonresidents to seek employment without first passing a loyalty test to Alabama Alabama has violated which clause? A. The right employment clause B.
Answers (1)
New Questions in Business
The law of supply and demand asserts that
Answers (1)
Identify which of the following statements is true. A) Tax planning is an integral part of both closed-fact situations and open-fact situations.
No Answers
Jane contracts Tom, a home developer, to build her a new house. In the contract it states that all necessary parts of the home must be complete before the contract is to be considered finished.
Answers (1)
How do property rights benefit entrepreneurs? by enabling them to purchase capital and use it as they see fit by allowing them to use their employees' property by facilitating the use of public property for private businesses by freeing unused
Answers (1)
The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 7,200 direct labor-hours will be required in May. The variable overhead rate is $8.90 per direct labor-hour.
Answers (1)
Home » Business » The main role of banks in the nation's economy is to store, lend, and invest money. store, lend, and borrow money. store, lend, and distribute money. store, lend, and approve money.
Sign Up Forgot Password?