Business

22 March, 22:34

Commercial banks create money by

A. accepting loan payments that are made on time.

B. printing money as the needs of the economy change.

C. borrowing money from other banks.

D. making loans while only keeping a fraction of deposits in cash on hand at any given time.

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Commercial banks create money by A. accepting loan payments that are made on time. B. printing money as the needs of the economy change. C. ...” 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

What does a credit card represent

Direct interaction between customer and employee is generally very high with services, while there is little direct interaction between customers and employees in the technical core of a manufacturing firm T/F

Use three paragraphs to explain how Amazon could overcome (eliminate) each types of wastage that you've mentioned above and how the company could gain value instead in those activities (use one paragraphs for each waste).

achary Manufacturing Co. expects to make 31,100 chairs during the year 1 accounting period. The company made 4,800 chairs in January. Materials and labor costs for January were $16,500 and $26,000, respectively.

Outdoor sports unlimited, a retail store, must use reasonable care on its premises to warn its customers of

New Questions in Business

Cecile is an avid cook and enjoys spending time in the kitchen as well as watching shows on the Food Network. She recently remodeled her kitchen and purchased new appliances.

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments.

Niles and Marsha adopted an infant boy (a U. S. citizen). They paid $17,500 in 2016 for adoption-related expenses. The adoption was finalized in early 2017. Marsha received $3,600 of employer-provided adoption benefits.

Explain briefly why professional certification and membership in professional organizations are important.

Suppose that Omar's marginal utility for each additional cup of coffee is 5.5 utils per cup no matter how many cups he drinks.