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    Economics The Basics
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    Exam 13: The Financial Markets
  5. Question
    Where Do Banks Get Their Money,and What Do They Do
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Where Do Banks Get Their Money,and What Do They Do

Question 26

Question 26

Essay

Where do banks get their money,and what do they do with the money once they have it? How do banks make a profit?

Correct Answer:

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Banks receive their funds from depositor...

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