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what is banks main function: -Absorbing the excess liquidity created by other financial institutions. -Creating money without making loans. -All options are correct. -Issuing risky
what is banks main function:
-Absorbing the excess liquidity created by other financial institutions.
-Creating money without making loans.
-All options are correct.
-Issuing risky deposits.
-Intermediating between surplus-spending parties and deficit-spending parties.
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