Multiple Choice
Which of the following reasons is the primary motivator for a commercial bank to acquire new depositors?
A) A new deposit account will make more funds available to pay the interest on other deposit accounts.
B) A new deposit account will make more funds available to pay the bank's employees.
C) A new deposit account will make more funds available to give out in loans.
D) A new deposit account will make more funds available to give out in dividends to its investors.
E) A new deposit account will make more funds available to facilitate brokerage transactions.
Correct Answer:
Verified
Correct Answer:
Verified
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