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Question 8 (1 point) While the roles of banks have expanded to include a wider range of activities and functions the two traditional roles have

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Question 8 (1 point) While the roles of banks have expanded to include a wider range of activities and functions the two traditional roles have always been funds transfer and asset conversion. 1) True 2) False Question 9 (1 point) Although the rate of inflation remains low it still affects the average person. 1) True 2) False Question 10 (1 point) The concept of loanable funds suggests that interest rates are determined by the usual economic forces of supply and demand. 1) True 2) False

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