In general, Banks earn profits by ... Group of answer choices a. Charging depositors an interest rate greater than the pay out to borrowers b .Charging the Federal Reserve an interest for using the banks money c. Charging borrowers an interest rate greater than they pay out to depositors d .Earning payments from the Federal Reserve each time they borrow money from the Federal Reserve
In general, Banks earn profits by ... Group of answer choices a. Charging depositors an interest rate greater than the pay out to borrowers b .Charging the Federal Reserve an interest for using the banks money c. Charging borrowers an interest rate greater than they pay out to depositors d .Earning payments from the Federal Reserve each time they borrow money from the Federal Reserve
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter14: Money And Banking
Section: Chapter Questions
Problem 3AA
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In general, Banks earn profits by ...
Group of answer choices
a. Charging depositors an interest rate greater than the pay out to borrowers
b .Charging the Federal Reserve an interest for using the banks money
c. Charging borrowers an interest rate greater than they pay out to depositors
d .Earning payments from the Federal Reserve each time they borrow money from the Federal Reserve
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