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Banks perform the indispensable task of: A. Creating money without making loans B. Intermediating between surplus (saving) individuals or institutions and deficit (borrowing) individuals or
Banks perform the indispensable task of:
A. | Creating money without making loans | |
B. | Intermediating between surplus (saving) individuals or institutions and deficit (borrowing) individuals or institutions | |
C. | Printing new paper currency | |
D. | Absorbing the excess liquidity created by other financial institutions | |
E. | Issuing risky deposits |
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