Select all that apply Banks perform two essential functions for the macro economy: Multiple select question. Banks

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Select all that apply Banks perform two essential functions for the macro economy: Multiple select question. Banks transfer money from savers to spenders by lending funds (reserves) held on deposit. Banks earn profits through making loans to individuals and businesses. Banks earn revenue for the government. The banking system creates additional money by making loans in excess of total reserves

Posted Date: Jun 12, 2024 02:19 AM

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Select all that apply Banks perform two essential functions for the macro economy: Multiple select question. Banks

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