Law, 25.02.2021 18:20 heavendl13

Which of the following correctly explains where banks get the money to lend consumers? From people who open accounts
From profits made on interest charges
From the Federal Reserve
From other banks in the same district

Answers: 3

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Which of the following correctly explains where banks get the money to lend consumers? From people...

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Which of the following correctly explains where banks get the money to lend consumers? From people who open accounts From profits made on interest charges From the Federal Reserve From other banks in the same district

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Another question on Law

Which of the following correctly explains where banks get the money to lend consumers? From people who open accounts
From profits made on interest charges
From the Federal Reserve
From other banks in the same district